FAR 1.14% 43.5¢ far limited

Has anybody made any money on this?

  1. 6,066 Posts.
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    There are a lot of followers and holders and emotional invested punters in this stock.
    How many people can honestly put up their hand and say they are in the green on this stock
    after being a holder for x amount of years, be that one two or three years?

    If you held for 4 years then maybe you are in the green if you haven't averaged up in the 8/9/10s.
    If you held longer than 4 years you are likely deep in the red also.

    We all know whisky will answer that this is the best stock to ever grace the ASX but I'm asking others legitimately who is in the green.

    I'm in the green on my holdings in my super, just about, but I am down overall from my investments in FAR.

    All of the institutions are in the red imo.
    Farjoy is in the red
    My guess is 90%+ of all holders are in the red.

    The only way out for those 90%+ is;

    1. to hope for a takeover of some sort which is super rare.
    2. Strike oil again with another exploration drill, which IMO will be short lived upside given further expenses
    3. Win the battle for PE

    Nobody in there right mind would hold this happily for 5 years to get to production given all the other potential out there surely? Except whisky. So is everyone waiting for one of the above events and is there anything I have missed?

    I wonder what PJ would think now.......
    Tony must be delighted he sold out.
 
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Last
43.5¢
Change
-0.005(1.14%)
Mkt cap ! $40.19M
Open High Low Value Volume
44.0¢ 44.0¢ 43.5¢ $16.57K 38K

Buyers (Bids)

No. Vol. Price($)
2 173730 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 80574 3
View Market Depth
Last trade - 10.03am 02/05/2024 (20 minute delay) ?
Last
43.5¢
  Change
-0.005 ( 1.14 %)
Open High Low Volume
43.5¢ 44.0¢ 43.5¢ 55600
Last updated 12.23pm 02/05/2024 ?
FAR (ASX) Chart
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