FAR 2.91% 50.0¢ far limited

I don't agree that it was a slick move by CN and FAR I think it...

  1. 6,066 Posts.
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    I don't agree that it was a slick move by CN and FAR I think it was essential to keep the company trading effectively and who knows what position the company would have been in if fan 1 was a duster. I still think it won't take long to go through the raised cash so would hope that we get another potentially great/commericial result which I think is what fan 1 is. When results are released that's when we will see the sp take off. Late dec/jan. FAR will have to sell these assets they cannot afford to wait 3-5 years for production and the associated costs with doing that. Either selling these assets in Senegal or else a complete takeover. Personally if they do sell these assets alone I think that is when I will get out because FAR will be very high risk again. Many people say Kenya/Guineau has massive potential but if this is the case then FAR should be a full takeover target, if not then I don't think I would have the bottle to wait for another unknown drilling process. Just my opinion and thoughts
 
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Last
50.0¢
Change
-0.015(2.91%)
Mkt cap ! $46.20M
Open High Low Value Volume
51.0¢ 51.0¢ 50.0¢ $13.38K 26.64K

Buyers (Bids)

No. Vol. Price($)
1 99993 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 314682 3
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Last trade - 15.44pm 08/11/2024 (20 minute delay) ?
FAR (ASX) Chart
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