Interesting value methodology used.
Do people have any counter arguments as to why it should be higher?
"Our price target is A$0.13. We apply a 0% premium/discount to our DCFvaluation. We apply a 60% risk factor for the SNE discovery and only apply value for the first Bellatrix exploration prospect assuming US$1/bbl for the resource. Our DCFassumes a 10% WACC, US$5.8bn development costs and first production in 2022.
Downside Risks - Appraisal drilling could prove a smaller SNE resource than thought. Drilling cost overruns or partners wanting to spend capital that may be difficult for FAR to fund"
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5993 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 5982 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.500 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
3 | 84150 | 0.470 |
2 | 60000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 50000 | 1 |
0.530 | 10000 | 1 |
0.540 | 22471 | 1 |
0.550 | 82295 | 3 |
0.590 | 5000 | 1 |
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