Well done FAR!!
This is a very, very good result.
I was hoping for $60 to $70 million at 7.5c but to get $80 million at 8c is a terrific vote of confidence from the market.
It may even embolden the lily livered Peter Coleman to pull the trigger and launch his long awaited TO bid.
I have been in a number of stocks over the years where the capital raisings get smaller and smaller as the market loses confidence and the end result is never pretty.
In these high risk high, reward stocks the biggest risk is running out of money.
I think we are now slap bang back in the TO window again.
The market has just confirmed it.
$80 million!!!
Wow!!
Excellent news to wake up to!!
Vote of confidence
Add FAR (ASX) to my watchlist
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Last
51.0¢ |
Change
0.025(5.15%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 51.5¢ | 49.0¢ | $148.9K | 293.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8410 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 104070 | 1 |
View Market Depth
| Last trade - 14.13pm 08/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |