I love the great news GH. I really do but..this stock has become an enigma and bane for LT holders of FAR.
What amazes me is the potential of the stock. It is truely an amazing stock:
15% of 641million barrels of oil
PE rights to increase to 50%
Star studded team of Cath, winner of many african awards
None of other assets like Kenya
Potential to take 75% of DJ
46million in cold hard cash
tons of loyal followers on hot copper who feverishly support the stock
I have been amazed for 10 years now.
Stock highly recommended and held by Junior oil trust as star of 2017
Top 10 stocks for Matey's bucket list for last 10 years
But what truely amazes in is:
- Most news is based on rumours from hot copper. CN hardly advises on ASX announcements and informs share holders
- Bad treatment of shareholders who are used as cash cows to fund CN's trip to Africa or Europe or where ever
- Share price is deaden to any good news and struggles to rise 0.1c a day
- One of the heaviest shorted stock in the ASX because the manipulator knows about the thousand and one frustrated share holders.
- Everyday the bot manipulates the stock mostly down like last friday
- The company has no timeline for any events so shorter love this lack of timelines.
-The company does not publicly denounce rumours
- It is the most unprofessional management with scan disregard for shareholders.
-A share price that hasn't budged for the last 10 years.
Well you happy crappies must have a lot more patience than I.
-In Australia, I can understand stock market manipulation but I can't understand how in Australia this manipulation can be allowed to continue for so long
- The buyer and seller must the same people.
So what is the end game people. Wait another 10 years and hope the company doesn't chew up it's cash flow and go bankrupt.
Now PE should be a bread and butter protection for FAR and if FAR fails to PE, management has to go!
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 88712 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 0.500 |
1 | 89162 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
3 | 160000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 88712 | 1 |
0.510 | 100000 | 1 |
0.515 | 120000 | 2 |
0.520 | 149917 | 3 |
0.525 | 118000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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