If a successful result, the upside will be enormous, the sp will double at least, the market will just fall in love with FAR, hoping for a HDR story all over again
If the well doesn't deliver, or is inconclusive, the fact that a working petroleum system is evident and with SNE-1 still to come, I reckon the SP could fall to around 5-6c
My exp with O&G exploration hopefuls like FAR, generally, on unfav. results, they see a fall of 40% so current sp is in line with that
We're in the 10's baby, page-71
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Last
51.0¢ |
Change
0.025(5.15%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 51.5¢ | 49.0¢ | $148.9K | 293.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 3100 | 1 |
View Market Depth
| Last trade - 14.13pm 08/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |