Daydreamer
You mentioned dividends, I suggest you invest in a blue chip stock which FAR is not.
As some of the posts indicated higher the return higher the risk. One of the highest return for you investment would be to become a drug dealer, high return with the risk of losing everything and ending up in cooler.
Next , the Casino very little chance of making a fortune.
Thirdly - a penny dreadful that promises the world to shareholders but only has one interest and that is, lining the pockets of the directors.
Number four on the list - FAR , risk is real but the odds of finding oil are better than some other junior oilers due to the fact that companies like Tullow oil have had success with almost a 70% success rate- this is due to the geographical location and experience.
FARs permits may not be as good as Tullows but I think its worth a punt but only if its money you can afford to lose.
My dream is that FAR finds oil and my 1,000,000 shares which are worth $60,000 now becomes $300,000.in 12-24months from now.
But if your the kind that cant sleep at night worrying about your investments then i would consider blue chip stocks such as CBA, WOW, APA,etc -but in the short term even these stocks has risk. So this type of investment would be long term at least 10years , especially when interest rates are predicted to go up.
As long as the oil price is staying at these levels for some time and FAR does at least another deal in Kenya im keeping my money FAR.
Dreamers we are all and its that dream that makes us want too get up everyday.
Best of luck
Chass
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Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
49.0¢ | 50.0¢ | 49.0¢ | $16.02K | 32.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3926 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 25039 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3926 | 0.500 |
2 | 7000 | 0.495 |
1 | 1372 | 0.490 |
1 | 42046 | 0.485 |
1 | 5000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 25039 | 3 |
0.510 | 150895 | 3 |
0.520 | 226786 | 4 |
0.550 | 77285 | 3 |
0.555 | 10000 | 1 |
Last trade - 13.57pm 03/10/2024 (20 minute delay) ? |
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