If Cairn market cap is up $300 million as reported then lets assume conservatively due our proportional lesser equity in FAN drilling we go up $100 million in market cap, divide this by 2.5 billion shares, gives $0.25 = 25 cents per share increase based on the math. Lets say 10 cents ( current last price) fully factored in this result, then are we looking at a 25c minus 10c = 15 cent increase in share price, taking us 25c. Is this considered a reasonable deduction to make. Plus of course there will now be a further expectational value put on the close-by SNE drilling to take place shortly targeting oil which migrated upwards from the FAN location based on the seismic data they have shown previously.
- Forums
- ASX - By Stock
- FAR
- Share Price
Share Price, page-16
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 49.5¢ | $16.90K | 34.12K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17623 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 129688 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17623 | 0.495 |
1 | 30000 | 0.490 |
2 | 32000 | 0.485 |
3 | 83930 | 0.480 |
2 | 70000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 129688 | 3 |
0.515 | 2239 | 1 |
0.520 | 30000 | 1 |
0.525 | 30000 | 1 |
0.530 | 30000 | 1 |
Last trade - 15.43pm 17/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |