Dangar if there is a 25% chance of success for FAR's Senegalese blocks a bookie would give you odds of approx. 4 to 1. In other words you put down $1 and if you're lucky you will get 4 back.
So the question I ask myself most days is this:
What would FARs sp go to if they get lucky in one of the Senegalese blocks. I think a realistic answer is 60 cents or there abouts.
So if I was a betting man I would look at FAR and think to myself it is offering an approximate 12 to 1 payout at 4 to 1 odds. In other words if I put down $1 and get lucky I get paid $12 when really any bookie would not give me more than $4.
Correct me if I am wrong, if this is a fair assesment the SP should be about 15 cents and its the best bet in town.
Just thinking aloud…..
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49.5¢ |
Change
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Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
48.5¢ | 49.5¢ | 48.5¢ | $100.7K | 203.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89898 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 2239 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89898 | 0.495 |
2 | 29755 | 0.485 |
4 | 89930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 2239 | 1 |
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
Last trade - 15.47pm 29/07/2024 (20 minute delay) ? |
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