Ele,
Your post highlights the major problem for FAR - $70 POO. The price outlook for oil remains bleak. Current price is approx. $50.
We need a sustained increase in oil price of 40% to meet the $70 FAR target. I work in the sector and there is no confidence of a marked increase in oil price (investing and working in the sector is not necessarily a very good move, but thankful to still have a job).
Pretty sad state of play at the moment. Not surprised by the lack of support in the SP - about as popular as a fart in a lift.
Have to hand it to the posters who have consistently been bearish on FAR - they seem to be nailing it at the moment.
Looking forward to better news on the oil price.
GL to all the long term holders........
BF
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Ele, Your post highlights the major problem for FAR - $70 POO....
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21776 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 94070 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 38702 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
4 | 260000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 94070 | 2 |
0.510 | 200000 | 2 |
0.515 | 120000 | 2 |
0.520 | 335203 | 4 |
0.525 | 118000 | 2 |
Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
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