I have reposted below part of an email from FAR on 21 November (my bolding) for those wavering:
"We have a fantastic asset in Senegal that will change our company over the coming months and the share price may wander but we have 15% of a what looks to be emerging as a world class petroleum province with just short of about 700mmbbls of oil discovered (and recoverable on a P50 basis) in the first two wells ever drilled! By anyone's measure this is an amazing feat and the share price will sort itself out in time.
Please rest assured that we at FAR are not going to make any rash decisions about the future of our company. We are very well funded thanks to our capital raising so you can relax about the share price unless you are in for short trading and then it's anyone's guess. We were extremely fortunate to raise out capital when we did as the markets have been increasingly souring since then for oil and gas companies."
H
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 49.5¢ | $4.592K | 9.154K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 94606 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 8166 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 94606 | 0.500 |
4 | 155936 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
3 | 210000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 8166 | 2 |
0.510 | 201000 | 3 |
0.515 | 123300 | 3 |
0.520 | 335203 | 4 |
0.525 | 118000 | 2 |
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