If results are good and as expected, FAR will reopen at $5-$7.50 and over the coming months will go to $10. Assuming everything goes to plan and the oil field starts producing at 100,000 per day which is expected, that equates to $2.5 billion USD in revenue at an oil price of $70 USD per barrel, with a 50% interest that's some big profits for FAR for many years and some big dividends during the life of the well for FAR shareholders. I won't be selling all my holding will be keeping some for the long term and for the dividends.
If results are good and as expected, FAR will reopen at $5-$7.50...
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.0¢ |
Change
-0.010(2.17%) |
Mkt cap ! $41.58M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 45.0¢ | $73.66K | 162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11062 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 59508 | 7 |
View Market Depth
| Last trade - 12.30pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
45.0¢ |
Change
-0.010 ( 1.10 %) |
||||
| Open | High | Low | Volume | ||
| 45.0¢ | 45.0¢ | 45.0¢ | 6819 | ||
| Last updated 14.37pm 27/05/2024 ? | |||||
| FAR (ASX) Chart |