FAR

2.00%

49.0¢ far limited

whats going on, page-53

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walk-it-off

679 Posts.

168

29/09/17

07:56

Post #: 27537867
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Originally posted by drbrooks ↑

I'm so pleased that you have got that off your chest! The stock market can be a fickle mistress.

You are entirely correct. Cujo, Spylord, Swerdna, Cosmo and lets not forget Black Italian - he of the phases of the moon strategy - have contributed so much to this forum. I, as a holder, am forever in their debt.

Kimbo (apparently on an enforced leave of absence) should not be forgotten either. His witty one liners certainly raised the bar in these otherwise tedious discussions.

Their objective, quantifiable analysis has been invaluable indeed. As has yours.

Their consensus appears to be that one should sell at the earliest opportunity. Another trading day approaches on the morrow and, given your sentiments, I wish you godspeed dear friend.

Back to what you said.
My observation is that most O&G Companies have fared very badly over the last few years. I'm surprised to hear that "There will rarely be such a bullish investment term for oil shares as the last 2 years" but I'm pleased that you have access to some that have risen 500% to 1000%. I'm puzzled as to why you stick with this "turd" when you have these other wonderful opportunities to explore.

On the other hand......

I read FAR's announcements
I read the quality posts provided by so many (they know who they are)
I read the rubbish as well. It provides a laugh. And thank you again for yours.
I see the possibilities (probabilities), weigh the upside v the downside and I stay firmly in this camp.
I don't like the SP
There is an opportunity cost
I think that we have very good management (I'd still like to see paycuts )
On balance, Risk v reward - I'm definitely in for the ride.
If it went to 5c tomorrow? Barring negative news. I'd stay in.

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A most thorough evaluation, Doc.
However, in the event the patient's dyspepsia does not resolve after this most recent consultation, might I recommend the following course of treatment advised by Harry Nilsson, M.D...
-walk

FAR Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 49.0¢		Change -0.010(2.00%)		Mkt cap ! $45.28M

Open	High	Low	Value	Volume
48.5¢	52.0¢	48.5¢	$101.9K	200.6K

Buyers (Bids)

No.	Vol.	Price($)
2	48741	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.5¢	1786	1

View Market Depth

No.	Vol.	Price($)
1	41741	0.485
2	14999	0.480
1	10000	0.475
2	65000	0.470
1	50000	0.465

Price($)	Vol.	No.
0.495	1786	1
0.500	15000	1
0.510	25000	1
0.520	226386	4
0.530	1005	1

Last trade - 15.59pm 04/10/2024 (20 minute delay)

FAR (ASX) Chart

whats going on, page-53

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

whats going on, page-53

Top Stories

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News