FAR 3.30% 47.0¢ far limited

Hi, Please educate me. I often read posts of people suggesting...

  1. 84 Posts.
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    Hi,

    Please educate me.

    I often read posts of people suggesting manipulation of this stock, some months ago it was suggested FARJOY was acting to suppress SP but he made it clear it is not the case. Now it is being suggested once again, I don't understand the motivation people would have to keep the price down...

    The stock has been $0.06-$0.08 over past 6 months so has been plenty of great entry opportunities. Furthermore, less than 1.5% of the stock is shorted which is low so removes that angle.

    Tell me why they might want to keep the price down?

    With so many shares on issue could it not be that profit takers are exceeding those wanted to buy/top up? I have been in this too long not to hold for a bigger payday but history tells us that there are compelling reasons to take profit on such news!

    Interested in your thoughts.

    Either way, disappointing trading today - I had penned $0.12-$0.13 close... but a very exciting prospect and could perhaps be one of the biggest fields of recent times, fingers crossed and good luck to supporters of this company.

    Bigprofits!
 
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Last
47.0¢
Change
0.015(3.30%)
Mkt cap ! $43.43M
Open High Low Value Volume
45.5¢ 47.0¢ 45.5¢ $82.32K 180.7K

Buyers (Bids)

No. Vol. Price($)
1 3500 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
47.0¢ 125569 6
View Market Depth
Last trade - 15.47pm 21/06/2024 (20 minute delay) ?
FAR (ASX) Chart
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