Hi All first time I am posting here.
Last night I was watching Bloomberg when BP was announcing there hugh increase in Profits. They were questioned about their future explorations and the drop of the oil price. They stated that their costings for all their explorations are based on oil at US$60 per barrel and their exploration activity is not being reduced due to the drop in the oil price.
Talked to the company yesterday and they will be releasing their quarterly this week. Ne Waller has only been delayed due to the rig still finishing off the last well on another site that is nearby to the NE Waller site due to the weather. The rig is expected there very shortly.
Can't believe that FAR didn't rise further today and think something is up but don't know what. I can't believe so many holders would sell at these silly low prices. Hopefully the markets are starting to stabilize and FAR appreciates in price accordingly.
Good luck to all the holders including me as I bought some more today.
Erinne
senegal
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |