FAR 0.00% 49.5¢ far limited

market not convinced or.............., page-40

  1. 344 Posts.
    If BUY is a guide;
    BUY went to 12c on enterprise value(ev) of about $2.75 unrisked. This rise has not yet settled at a steady price but 12c will do for now.
    FAR has ev of about $3.25 if Shell says yes to option, $6.50 unrisked.

    Similar number of shares on issue.
    Wonder how many Sydney-siders bought a few BUY because of proximity and conversation value.

    I do not expect FAR to go much above 25c if shell takes up option. Hope I am proved pessimistic.

    I hold both FAR and BUY.
 
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