Instro,
Morgan Stanley have hit this right on the head. POO fall has nothing to do with oil glut - in fact demand is increasing steadily.
The Hedge Funds too have already priced in POO at above $80 short term.
As for share price, volumes have been so low, and most of the sells are stop-loss sells, nothing to worry about. Sentiment will chnage and before you know it we are back at 11c as punters chase it up get a position before Jan anns.
Instro, Morgan Stanley have hit this right on the head. POO fall...
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.0¢ | 49.0¢ | $16.71K | 33.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9455 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 15.59pm 03/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |