After 24 hours to sleep on it and to mull the situation, what is the general consensus now?
I for one am extremely happy with the outcome.
I am a gorilla trader and i have all my money in one stock (stupid according to every investing rule I know) so I am always happy to see a healthy wad of cash for companies like FAR.
The blue sky is unlimited but if you run low on cash you become very, very vulnerable.
I have watched so many promising companies burn thru cash and end up dead in the water.
Take a look at a few stocks that have ended up dead.
SDL springs to mind.
Huge potential, no cash.
The list is endless.
Money in the bank and an ocean of oil.
That is perfect to me.
I for one am very happy that we can move ahead with confidence from here.
I expect the SP to rally strongly in coming weeks.
If we are not 15c in a month i will be very surprised.
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 88712 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17688 | 0.500 |
1 | 89162 | 0.495 |
2 | 114025 | 0.490 |
3 | 114597 | 0.485 |
4 | 260000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 88712 | 1 |
0.510 | 100000 | 1 |
0.515 | 120000 | 2 |
0.520 | 149917 | 3 |
0.525 | 118000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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FAR (ASX) Chart |