In January 2016 Brent dipped below $30, FAR was trading at approx 7c.
Since then, FAR have drilled half a dozen "successful" wells, upgraded reserves (with more to come), bought into high potential new licences in Gambia, got an understanding/agreement with one of the world's biggest oil companies, launched an arbitration process against COP with $1M limited downside and considerable upside, etc etc .
Brent now $55, up 83%,.... and FAR still 7c.
Go figure??
January 2016 Brent V FAR
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 (20min delay)
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Last
45.0¢ |
Change
-0.005(1.10%) |
Mkt cap ! $41.58M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 45.0¢ | $56.25K | 125K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1834 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 24484 | 3 |
View Market Depth
| Last trade - 10.27am 23/05/2024 (20 minute delay) ? |
| FAR (ASX) Chart |