Or it could be as simple as at the moment we are in a sector that is out of favour and are drifting down on tiny volume...very few oil Companies, including our JV partners are having barnstorming runs and that's despite the fact many have the advantage of having income ( many also have large debt)....a lot of the speculative money has headed to the Mining sector at the moment, most of the longterm players are already in or slowly accumulating and they, plus contrarian players, will be probably be the only buyers at the moment and are in no hurry , this is a slow play.
Have the basic fundamentals changed for FAR... Yes, they have improved..
Has the oil in SNE disappeared...No
Are we riddled with dept and out of money...no
Has the AMI been cancelled..no
Have the Gambian leases been taken off us ...no
Are we about to farm in on those very leases...yes
Are we about to increase our 2c resources ...yes
Do things move fast in this industry...no
More to the point does the market give a stuff about the above...no, its just doing what markets always do and that is undervalue and overvalue stocks on a daily basis depending where the money and sentiment sends it...
Cheers Whisky
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $42.97M |
Open | High | Low | Value | Volume |
47.0¢ | 47.0¢ | 45.5¢ | $31.34K | 67.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3338 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 199900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 90826 | 0.455 |
2 | 51822 | 0.450 |
1 | 50000 | 0.445 |
1 | 50000 | 0.440 |
1 | 50000 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 10000 | 1 |
0.510 | 220895 | 4 |
0.515 | 103300 | 2 |
0.520 | 421965 | 4 |
0.525 | 100000 | 1 |
Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
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