What about an early Management Buyout backed by Private Equity Firms and taken off ASX for "relaunching" just before 1st barrel produced. Would be pitched at a reasonably generous heart stopping amount of say 50 cents to dislodge all the small and medium sized shareholders ie the "crowd"
FAT would then follow the KOSMOS IPO route with huge capital returns to high wealth group.
I am not convinced that nay of the discoveries will be declared "Commercial" before completion of appraisal. I expect the completion of well analysis of SNE and FAN 1 to result in movment of prospective resources into discovered category with an increase Balance Sheet Values.
But then again I still have L Plates on in terms of O&G but I should get my P Plates soon
regards
HomeAles
- Forums
- ASX - By Stock
- FAR
- Hypothetically speaking ...
Hypothetically speaking ..., page-45
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21776 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 94070 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 38702 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
4 | 260000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 94070 | 2 |
0.510 | 200000 | 2 |
0.515 | 120000 | 2 |
0.520 | 335203 | 4 |
0.525 | 118000 | 2 |
Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online