I don't think oil turning bullish would help the SP atm as it is so far away until they produce. Who knows what the POO will be in 6 years.
I don't think it's "suppression or manipulation" either. What would be driving the SP higher?
I don't think FAR have much chance of borrowing the money to fund the next 6 years which will either lead to more dilution or a TO. I think a TO is your best outcome IMO.
Ruffy
Also I'm not in here down ramping. Just adding a different, logical look (in my eyes) on things because FAR is well known for overly optimistic posters. I hope you all hit a home run off this but being positive and posting in HC isn't going to change things. The facts are the facts, yes they have a massive reserve but they also have a lot of hurdles in front of them. Hence why the big guys are staying away atm and the price is slipping.
What a bucket of slop, page-56
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |