The subject line is rhetorical.
My question is for GWBush Jnr.
On a day when European indices finished in the red to 5% and NY followed similarly, when the IMF, FOMC et al are all downgrading world growth and Zoellick drops loose language, why hasn't FAR fallen further? As at 2pm its currently square on low to moderate volume.
Your predictions of it falling further may be right (or equally wrong) but would be interested in your thoughts on why it hasn't fallen today. Remember, its not a bad thing to say 'I have no idea'. You dont need to always be able to say why something is happening to profit from it.
My gut feeling, and thats all it is, is that Wade has more important things to worry about than FAR's leases (such as trying to outmanouvre the high court and keep himself in power. Its probably a good thing we are getting exposure to Kenya with better neighbours. As for the cost, I will leave that for those of you with an accounting or equities background.
Happy trading
why isn't far falling??
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Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 49.5¢ | $8.846K | 17.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89158 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 97696 | 2 |
View Market Depth
| Last trade - 15.59pm 19/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |