oil juniors like CTP, BCC, plummeted while failing find oil/gas, but will climb while dust settled.
recent example is NDO, was lost 60% but recovered 100% soon after.
IMO, FAR might face few days selling preasure. it has cash of 32m at the of June, plus 6m receivable, less 6m payable for kori well, so it has net cash position of circa $32m, 2.57c per share.
it would be a good opportunity for long term holders.
oil juniors like CTP, BCC, plummeted while failing find oil/gas,...
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 45.5¢ | $31.34K | 67.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 199900 | 2 |
View Market Depth
| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |