FGR 2.78% 5.3¢ first graphene limited

Ann: Strategy Update Investor Presentation, page-25

  1. Eqz
    3,333 Posts.
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    Likewise, my first FGR parcel was back in 2017 at 10c.
    I remember first hearing about graphene and being excited to get into the space early, FGR was flexing it muscles back then and it's quite surreal to see 5 years have gone by this more or less at the same price.

    After reading the latest quarterly and the commentary from spid (who I also remember from 5 years ago) I think this is solid buying territory. Plenty of cash on hand, minimal risk of short term dilution, revenues finally starting to build up, partnerships and product development progressing very well. I like the risk:reward here for a 12month hold.

    Will keep averaging down if current trajectory continues.
 
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5.3¢ 91237 1
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