B4
Its interesting really that we have been told repeatedly by FAR/GR that big institutions and particularly large overseas institutions won't touch a "penny stock" with a share price in the "cents" .. they want $1+. And yet ..... this in today's release "The capital raising also introduced a number of new, large, local and international institutional shareholders to the FAR share register."
I get that its was probably only a relatively modest buy-in by these institutions (maybe $30m of the $60M?) and that we will need a consolidation if wed head towards development and production ... not $30m but $300m+++
H
Share amount, page-9
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |