I don't think it's bad news, FAR are a fantastic company and have some amazing assets, however,
realistically, I don't think anything's going to happen until SNE-2 is spudded. There might be a spike when the results are released but I think that is a few months away.
I am just using it as an opportunity to sell and buy back in lower. I think this will go into the 7's in the next couple of months (I could be wrong) and then spike on results + probably go up to 15-20c on SNE-2 spud.
At the end of the day, we have to wait for things to happen and while any company are waiting for something to happen ... the share price drifts downwards, just like it goes up when Companies start an activity (like drilling).
Anyway, bring on SNE-2!! but for now I am out
Ele.
I sold today, page-47
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Last
49.5¢ |
Change
0.003(0.51%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $25.15K | 50.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90217 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.59pm 14/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |