Zacma,
I think 30 cents wouldn't cut it - I would love to hear FARJOY's impression of an offer of this amount - I think he would call it insulting
IMHO, we could fire sale our reserves in parts and I believe get to more than this.
The sum of the parts of FAR are worth more than the whole, it is a bizarre situation to be at.
We need to look at what Kosmos was offered at the P50 stage, or Hardman's buyout although more advanced and compare to where we are at, we are an absolute bargain. Oil was $27.77 when the P50 results were announced for Jubilee.
If we are going to sell something early, per my post this morning - sell down some of the Senegalese lease.
FARst train, page-9
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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 |
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| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |