I believe FDV bought (through cap raising) at the maximum of covid through the South American region. I’m not sure of the metrics of the purchases, but I doubt these were purchased at a premium. My interpretation is they were purchased at below fair value. The world was panic stricken.
I agree with you about a cap raise may materialise in the future, opportunity dependent.
Ann: Quarterly Activity Report, page-26
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Last
40.5¢ |
Change
0.015(3.85%) |
Mkt cap ! $175.5M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 38.5¢ | $86.06K | 219.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 122058 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 64554 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FDV (ASX) Chart |