Hi All,
Wondering why you would announce a CR at say 4.5 cents when imminent news of 3D in a block you own with a large partner looking to drill in say 9 to 12 months which could drive the SP short term to 7 to 10 cents??
Given the obvious scramble to gain access to quality blocks around Kenya near Mbawa where it looks like we have the 'South' lead and we have > $20 million in the bank ????
What gives with the timing and dilution.
I suppose the other way to look at it is we (hopefully) get access to buy some cheap shares in an SPP.
Waiting to see the rational.
Vx.
timing ??
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
View Market Depth
| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |