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
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M |
Open | High | Low | Value | Volume |
49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27749 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 10897 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27749 | 0.485 |
3 | 83930 | 0.480 |
3 | 85000 | 0.475 |
2 | 78150 | 0.470 |
1 | 5000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 10005 | 1 |
0.505 | 10000 | 1 |
0.510 | 69689 | 1 |
0.515 | 2239 | 1 |
0.520 | 30000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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