Spoke to management directly this week, to be informed they expect to make an announcement formalising that aquisition now in around two weeks, and commented it will be very nice for FSE and for shareholders alike. At that time their expectation is for very high volume trading to occur taking the price to between 15 to 20 cents.
Their newly fitted out offices look very sharp if that provides any kind of confidence that they are serious about their future!
I hold a significant volume of this stock, and whilst I see this stock has always been a speculative stock to hold, high risk high gain type! I will hold a while longer to see if FSE managements comments are as they say.
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volume is the key, page-31
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024
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