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 $4.
Correct me if I am wrong, if this is a fair assesment the SP should be about 15 cents and its the best bet in town.
Just thinking aloud…..
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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3 | 61999 | 0.485 |
2 | 92553 | 0.470 |
1 | 1822 | 0.450 |
1 | 3000 | 0.445 |
Price($) | Vol. | No. |
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0.515 | 104070 | 1 |
0.520 | 326386 | 5 |
0.530 | 101005 | 2 |
0.550 | 77285 | 3 |
0.555 | 10000 | 1 |
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