Every time FAR has a rally, it is sold down by stale bulls and a few traders who are taking a small margin, but looking at the recent volume, it appears that most of the old holders are out and a whole new group of shareholders have taken up the company.
There is plenty of enthusiasm for the company and plenty of buyers putting up their money.
Now that the shareprice is moving up, sellers are holding and buyers are seeing the value in the company.
FAR is a diverse operation and not all that easy to value. No brokers support FAR and no analysts have done reports. Even one report would set the market talking.
Recent action has seen the company struggle back to where it has a comment or two on HC. Jocam commented for a week or two on Junior oilers. Interest is returning and FAR is performing.
The past is gone. The sellers have all sold. New investors have taken up positions and will support. Reports and analysis will follow. Production is coming on line. Options are in the money and cash will flow in. Drilling results are better than expected. More potential company makers are due to be drilled in the coming months.
I know it's early days yet but it's time to take a position and go for the ride. DYOR.
Cheers,
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 50.0¢ | $11.78K | 23.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 90218 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 5685 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 90218 | 0.495 |
1 | 99999 | 0.490 |
3 | 114597 | 0.485 |
4 | 260000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 3388 | 1 |
0.505 | 88712 | 1 |
0.510 | 125200 | 4 |
0.515 | 120000 | 2 |
0.520 | 149917 | 3 |
Last trade - 13.40pm 15/08/2024 (20 minute delay) ? |
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FAR (ASX) Chart |
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