"Arden had a buy recommendation on the stock with a 12 month price target of 30 cents at that stage and this hasn't changed to date. While FAR has a minority stake of 15%, such is the size of the project that Bell Potter valued its stake at 27 cents per share. This didn't take into account future resource upgrades, nor did it factor in the prospect of a premium being paid to FAR if its stake were to be acquired."
Makes you wonder how the possibility of a substantially increased stake in the project affects the valuations
"Arden had a buy recommendation on the stock with a 12 month...
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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
| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |