Over 2.5 bill shares on offer, approx 5 mill buys at .079 and nobody is selling. If you're holding for the result then you're not alone. Obviously no leaks of bad news at this stage and the wall is holding up on not only on optimism but also supported by those who are well resourced. Given around half (1.2 bill approx) of FAR share holders were Flow holders which received FAR shares at around around 2.0/2.6 cents (approx) at the merger of Flow and FAR the temptation to sell would be enormous. Will the wall stand solid and will FAR march on to Kenya with a healthy bank balance? Time will tell but the indicators are looking good at present.
On another matter a lot of us LT's have waited years to drill Senegal and if it takes another few days, weeks or a month what the heck - I'm just glad CN got the job done and we're drilling. For all the newbies FAR came within a whisker of loosing these leases a few times over the years, so if it flows blacks stuff the wait has been worth it.
Cheers
Plugged
PDYOR
The Wall
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $42.04M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 45.5¢ | $160.1K | 347.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86870 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 121519 | 4 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |