FAR 4.30% 48.5¢ far limited

Hi Whisky, I find it quite interesting that the Buy/Sell ratio...

  1. 572 Posts.
    lightbulb Created with Sketch. 17
    Hi Whisky,
    I find it quite interesting that the Buy/Sell ratio is now 13M/8M, which is pretty well an exact reversal of where it was a couple of weeks ago. I’m not sure how much can be read into that, but it looks to me like the ducks are starting to line up in FAR’s favour, including price of oil, rapidly declining oil reserves in storage, saber ratling in ME and elsewhere, PE results getting closer, Senegal etc basin growing in size and interest, low exploration investments by majors, FID getting closer by the day, FAN, Gambia and GB potentials, etc, etc.

    Any thoughts on this?
    JS
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.