Im going to make this very short and just like the oil we have found sweet.
FOOD or WATER which is essential to human survival is not the most traded commodity in the world. Oil is THE most traded commodity in the world. Some people just don't get it. This isn't a graphite stock, iron ore stock, nickel stock, all of which are discretionary items which really don't have a huge impact on day to day living. Oil is everywhere, including a huge part of the aforementioned food(and water) and will continue to be the leading commodity for decades to come because it's ingrained in everything we do. That doesn't change overnight.
We are closing in on a new major oil province(fingers crossed)most of which have already been found and the ones that are left harder and harder, more expensive and more expensive to find. People who are willing to give there shares away for $600-700M USD have rocks in their heads. What is 600/700m in the oil game, absolutely peanuts. They are being short sighted in the extreme. Chances are you will never be invested in a pure play explorer who has discovered a new oil province ever again. I never like consolidations but sometimes they are essential and I think FAR now NEEDS a consolidation once timed correctly to move forward and weed out all these weak hands and bring in some solid knowledgable and forward thinking investors who don't mind having a $ in front of the price SP, most on here don't seem to want it.
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 88712 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 0.500 |
1 | 89162 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
3 | 160000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 88712 | 1 |
0.510 | 100000 | 1 |
0.515 | 120000 | 2 |
0.520 | 149917 | 3 |
0.525 | 118000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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