Sure, DB, it is a very valid point IMHO and Malcy said that about almost every one of his bucket list stocks. So FAR is undervalued, WPL undervalued, ORG, STO, SXY, OSH, BPT, Faroe Petroleum, Ophir, Premier, Tullow, 88E and almost all other O&G producers IMHO.
Markets always overreact to things especially on the downside IMHO but pls DYOR. A lot of academics have a lot of evidence of this overreaction. With POO in a fake low, IMHO almost every good O&G producer is undervalued provided they stay solvent and do not get mixed up in geopolitical risk potentially including Senegal.
Malcy Finally speaks, page-33
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Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 50.0¢ | $51.68K | 102.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75177 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 187769 | 3 |
View Market Depth
| Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |