Smedley always stated WL Licence by end of Financial year 31 March but was hopeful of delivery before 31 December.
From what I can tell this would be the first WL Licence issued by the RBI in about a decade. This management team has delivered on every thing it has outlined from the 2022 capital raise and the stock is up 60% since the first raise I went into in 2022 plus the 10% on my options. I for one am very happy with Findi and what Smedley has done.
One thing is for sure I can’t wait to see what they will spend their almost $80m in cash they now have and when WL Licence does come through FND will fly past the Redleaf valuation of $3.62!
FND Price at posting:
98.0¢ Sentiment: Buy Disclosure: Held
