Quarterly cash flow included share issue. Unlikely to be repeated in the next few quarters.
The worry is most of FAR's money is in commercial bills.
What are the terms and conditions on the bills? With which companies have they been placed? What is the risk of default?
There is a reason for the current low sp. The FAR sp is too low to be explained by market conditions alone. Perhaps it is hedge fund selling. Perhaps not.
thoughts on announcement, page-11
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Last
49.8¢ |
Change
0.008(1.53%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $27.57K | 55.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31698 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 26153 | 3 |
View Market Depth
| Last trade - 14.28pm 05/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |