It's probably a decision has been made by the fund manager.
Maybe it's automated?
They are putting a drag on the sp.
However, unusual market conditions for FAR have caused issues.
Oil price at $70+ /bbl and forecast upto $125-$150 /bbl in 2022 by some analyst.
I am anticipating a substantial rerating more inline with current oil price forecasts.
FAR will not be under a time deadline to sell for peanuts if a major discovery is announced.
Sangomar was a firesale and contractually date driven.
With a 50% WI, FAR will not be in the same position this time.
Expecting fireworks. lol
It's probably a decision has been made by the fund manager.Maybe...
Add FAR (ASX) to my watchlist
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.5¢ | $16.57K | 38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 173730 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 80574 | 3 |
View Market Depth
| Last trade - 10.03am 02/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.5¢ | 96350 | ||
| Last updated 14.16pm 02/05/2024 ? | |||||
| FAR (ASX) Chart |