Aqua,
I certainly appreciate the time and effort which has gone into your research, however (and I know I am going to cop a lot of flack for this) I am not as optomistic as some.
You said:
1. SNE-1 - Oil shows confirmed - Stock price to high teens. (Shows to be substituted with commercial confirmation)
2. FAN-1 - Commercial viability confirmed, Oil in place estimates upgraded - Stock price to 40's.
3. ASX induction in December - based on market cap and cash reserves, I believe we should make it. Stock price to 50's. (I am VERY excited about this, the 193rd largest MC on the ASX200 is $300M, with ours at $330, although from this week I think this will jump up by 40%+ and hold it, we should theoretically be a sitter for the ASX200).
Everyone is entitled to their opinion, but I certainly have some reservations on points 1 & 2, and your estimated SP predictions, but that's a personal opinion and happy to be proved wrong.
Point 3 - hmmm, the famous quote from Darryl Kerrigan from "The Castle" come to mind, especially the prediction that the SP is going to increase 40% next week.
To be fair, you used a MC of $330M, so can I assume this is an old opinion and perhaps made before the SNE-1 announcement? if so, then we certainly didn't "hold it".
Disclaimer: I do hold what is to me, a significant amount of FAR, so I am not down ramping in the slightest. But I think we need to "keep it real".
I am not being negative, I am merely expressing a different view.
OK, now to sit back and await the feedback (if any)......
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $36.96M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 40.0¢ | $464.8K | 1.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 119733 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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41.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 119733 | 0.400 |
1 | 50632 | 0.395 |
1 | 100000 | 0.390 |
4 | 58133 | 0.380 |
2 | 9198 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 153000 | 3 |
0.425 | 27500 | 1 |
0.430 | 263902 | 6 |
0.435 | 22300 | 2 |
0.440 | 47323 | 3 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
40.0¢ | 40.5¢ | 40.0¢ | 68198 | ||
Last updated 14.47pm 28/03/2024 ? |
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