FAR Limited (FAR)

Discussion in 'Stocks & Derivatives' started by scott_reeve, May 6, 2018.

  1. scott_reeve

    scott_reeve Active Member

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    FAR is an African focused oil & gas company.

    FAR weekly chart:

    [​IMG]
     
  2. scott_reeve

    scott_reeve Active Member

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    updated FAR chart. Good momentum building.

    [​IMG]
     
  3. silver kooka

    silver kooka Active Member

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    It is rising because Carnarvon just found oil and is taking the price of FAR up with it.
     
  4. scott_reeve

    scott_reeve Active Member

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    Nothing to do with CVN.

    FAR has been rising for the last 7 months, CVN only been moving strongly for less than a week.

    Oil & Gas sector broadly has been doing very well for the last 6-12 months - a 'hot' sector that is gaining momentum.

    Most of the majors have been moving upwards for 12 months now and some juniors have done well too. eg. ATS recently. AWE, SEH getting taken over. STO getting a T/O proposal a few months back.
     

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