Added to YB: 2024-03-01
Pitch date: 2024-02-29
FAR.AX [bullish]
FAR Limited
+31.9%
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
N/A
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:
Reporting Season Quick Review: FAR Limited - $FAR.AX
$FAR.AX $35M mkt cap, $55M USD payout if oil >$70 & Sangomar Field ops begin by Dec 27. Like an ITM oil call option, upside to $85M (>100% return) outweighs oil price risk. Favorable risk/reward.
Read full article (1 min)