Why do we invest in FAR? For me the following link gives the best summary.
http://pubs.usgs.gov/bul/b2207-a/b2207-a.pdf
FAR has announced that there is oil in the upper northern fan. So long as they are sealed there should also be oil in the lower fans, as oil migrates upwards under pressure. For me this has derisked the 2nd hole we are about to drill. No matter what the SP does in the next few weeks I will keep buying more.
Why we invest in FAR
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Last
47.0¢ |
Change
0.015(3.30%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 47.0¢ | 45.5¢ | $82.32K | 180.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 125569 | 6 |
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| Last trade - 15.47pm 21/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |