Not an expert but if FAR is profitable at say above $35 per barrel and if FAR at this stage is entitled to 100 million barrels say at value of $3 per barrel that means realistically FAR is pretty well priced. They do nearly have 4 billion shares on issue mind you. Excuse the simplicity, I am Uncleart not Ya.
I too wish Far to be priced ay $1.78 but that would make them a $7 billion company. Not impossible but not yet.
Is there considerable doubt about the size of the resource?, page-8
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.0¢ | $17.80K | 35.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46096 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 15819 | 2 |
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| Last trade - 11.51am 04/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |