Reading Dunes announcement early this morning, I was not suprised by the market reaction down under. Basically it provided no material information that investors could base a value to the share price on. ie flow rates. What it did confirm was negative ie. Technical problems had been encounted in both wells. Once online the wells may provide sound revenue-and mid to long term price gain. The chance for a market breaking statement has been lost on these two.
On to the next one.
One can see why Amory loves to beat up on FAR. The information management by both Dune and FAR has been terrible.
Ronnie
still struggling, page-3
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.0¢ | $17.80K | 35.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46096 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 15819 | 2 |
View Market Depth
| Last trade - 11.51am 04/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |