Professional
Added to YB: 2024-02-06
Pitch date: 2024-02-06
FAR.AX [bullish]
FAR Limited
+33.66%
current return
Author Info
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Company Info
FAR Limited operates as an oil and gas exploration and development company in Africa. It primarily holds a portfolio of exploration licenses in the Gambia.
Market Cap
AUD 27.6M
Pitch Price
AUD 0.31
Price Target
0.48 (+16%)
Dividend
N/A
EV/EBITDA
-27.58
P/E
0.63
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Show full summary:
$FAR.AX has 50% upside in less than 6 months
$FAR.AX to sell Sangomar earnout in <6mo, 48-49c NAV target at 25% discount rate vs ~40% implied now; Gambia dropped; >50% IRR compelling if Sangomar progresses & oil holds up.
Read full article (1 min)