The unfortunate thing you must remember, is FAR is not the operator, Cairn is, and if history is anything to go by, they make no announcement along the way. They tell you when they start and then finish that's it. Anyone expecting this to go up prior or during drilling maybe in for a shock.
As to timing they haven't even started the number two well yet, Senegal could be two, maybe even 3 months away yet.
Plenty of time for the sp to go anywhere, mr market will dictate that.
One must remember even though there where in excess of 16 million shares purchased in the last 4 days at 4c, there were 16 million shares sold, who will be right the buyers or the sellers.
Best of luck to all, in the lollie scramble, that we call the share market.
holding up above .04 well, page-7
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Last
46.5¢ |
Change
-0.015(3.13%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 46.5¢ | $3.174K | 6.826K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53774 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 2400 | 1 |
View Market Depth
| Last trade - 15.59pm 01/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |