Australia's largest stock trading and investment forum Australia's #1 stock forum

FAR

Click for more information

2.02%

48.5¢ far limited

Damn! You're killing me Mr. H! I too thought this was the update...

First 4 Last

Share
Profile

Follow
coopytroop

780 Posts.

10

15/07/16

14:34

Post #: 18279785
Share

Originally posted by Mr.Hustler ↑

Looks like Malcy wants to talk to FAR to get more Goss.

Cairn/Far
Brief thoughts on the Woodside deal to acquire the COP 35% stake in the three Senegal blocks for $350m +$80m on completion. I am waiting for a call with Far and will add more either today or in more detail tomorrow as time is short. My initial take is that Woodside have done way the better side of this bargain although COP had handled the sale badly and telegraphed the sale all round the market. Historically they are not good traders in these situations but at least with a keen owner it means that development will probably kick on, as WPL have said that they will fast track to near term production and take over the operatorship. Buying a class asset at $2.20 is outstanding and COP have given away an asset in order to pay the dividend, such things happen in these markets and WPL will in due course be applauded for making a superb, counter cyclical move. With WPL and Far using the same reserves data one can be sure that Far consider their stake in the licences to be way higher than their current share price.

Expand

Damn! You're killing me Mr. H! I too thought this was the update from yesterday's post

This did deserve it's own thread though. Cheers.

FAR Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

CBL

Control Bionics expands into UK and Irish markets with NeuroNode device

CNB

Carnaby Resources hits copper at Mohawk, QLD

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

YAL

Yancoal makes it into the ASX200 in latest S&P rebalance

GDC

Global Data Centres not clear on future operations after AirTrunk sale payout

There are more pages in this discussion • 7 more messages in this thread...

First 4 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 48.5¢		Change -0.010(2.02%)		Mkt cap ! $44.81M

Open	High	Low	Value	Volume
49.0¢	49.8¢	48.5¢	$170.0K	347.3K

Buyers (Bids)

No.	Vol.	Price($)
1	83716	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.0¢	25472	2

View Market Depth

No.	Vol.	Price($)
1	83716	0.485
2	110000	0.480
1	100000	0.475
1	100000	0.470
1	50000	0.425

Price($)	Vol.	No.
0.490	25472	2
0.510	222895	5
0.515	103300	2
0.520	421965	4
0.525	100000	1

Last trade - 16.10pm 09/09/2024 (20 minute delay)

FAR (ASX) Chart