MH,
The SAMO duster is part of the problem, however you must take into consideration FAR is competing against other O&G juniors for attention of investors. IMO there are numerous other compelling O&G junior investment opportunities on the ASX, thus the weakness in volume and decline in FAR SP. I don't subscribe to the manipulation (this has been a topic on HC for many years on the FAR threads), investors are selling for compelling rewards elsewhere.
Not to mention the ongoing uncertainty with FAR on arbitration, funding etc. I'm still confident FAR SP will recover, just no idea when. I'm glad I found some other juniors with some near term potential. There is currently no urgency for investors to jump into buying FAR - this is very disappointing for me being an a 11 year holder of FAR, but holding all the same with much lower expectations than I did 5 years ago.
Cheers
BF
MH,The SAMO duster is part of the problem, however you must take...
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Last
50.5¢ |
Change
0.005(1.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 50.5¢ | $37.26K | 72.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4455 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 10131 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |