FAR has always been vulnerable to a takeover however there is no point of this happening until it is proven that it holds something of value.
The sp will rebound with the extension on licence for Senegal and the signing of a drilling partner for Senegal. We should see the extension of licence posted in November and a drilling partner shortly after.
Once the first is done, the share price will move back over 10 cents and once the second is done the share price will move to around 50 cents. This all a prediction, however that is how I see it playing out.
If you can buy now you will be better for it. That is what I have done.
FAR has always been vulnerable to a takeover however there is no...
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $4.85K | 10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31741 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 200000 | 1 |
View Market Depth
| Last trade - 10.04am 07/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |