Management have been given the benefit of the doubt. Big promises have been made re sales, so let's see the color of the money please. These sales were outlined months ago and really should've been ready to go by now. Notwithstanding that there may have been issues that arose during the certification approval process that needed to be addressed in associated sales contracts (btw I don't subscribe to that scenario), management should really be in a position to announce these sales or at the very least provide some sort of timeframe regarding these proposed sales. NICNAS approval 30/5
Assessment Certification issues 15/6.
Nothing makes a SP drop faster in small/speccie companies than promises by management that take longer than they should to come to fruition.
C'mon FGR management, an update is required so cough it up choppers.
Bigglesworth
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- Foster Stock Broking - FGR Broker Report 17th June 2019
Foster Stock Broking - FGR Broker Report 17th June 2019, page-16
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