FAR 0.00% 43.0¢ far limited

I don't want to be negative here and wish all investors good...

  1. 7 Posts.
    lightbulb Created with Sketch. 1
    I don't want to be negative here and wish all investors good luck, I'm just trying to understand why there's so much euphoria here. The COS is indeed extraordinarily high with 55% (which again means that there is still a 45% risk of failure), but the price should only triple in the event of success, almost as if you bet on red or black in the casino. Wouldn't it be better and more logical to invest (less) money in an Explorer with a smaller COS but with a much higher profit in case of success? 
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
0.000(0.00%)
Mkt cap ! $39.73M
Open High Low Value Volume
43.0¢ 43.0¢ 42.5¢ $47.27K 110.8K

Buyers (Bids)

No. Vol. Price($)
2 86384 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 22150 1
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
42.5¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
43.0¢ 43.0¢ 42.5¢ 5374
Last updated 13.04pm 26/04/2024 ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.