Prashan
I think your post reflects the mood of the forum and the market's view of FAR perfectly.
I personally feel a bit more optormistic about what will happen after a good 2c announcement than most on this particular thread. I think the target price of 15-20 cents is probably right, but I don't believe the retrace will be as strong as some are suggesting because a good news 2c result will attract a new set of investors. And these new investors will help hold the price up. And lord knows this stock needs them to make the next transition.
So I agree we will see a nice 50% plus lift on a good 2C result but I don't thin k the retrace will be as big as some are suggesting this time round.
iMHO
Giddy up FAR
value of FAR if take over, page-32
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
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| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |