That's a nice report .... NPAT has more than doubled, operating costs very well managed, FCF +$8.5m (ie FCF yield is a monstrous 25%!!!), Net Debt down to $4.5m from $15.5m pcp. Despite a history of poor corporate governance and obvious agri related risks, the new management team and board renewal appears to have now established a much more stable operating platform from which FRM looks well set to benefit from a favourable macro environment.
Watch for a statement in any upcoming company presentations regarding future dividend intentions, we could well see this thing on a Div Yield of +15% (if share price remains around current prices).
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Last
30.3¢ |
Change
0.008(2.54%) |
Mkt cap ! $69.81M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.3¢ | 29.5¢ | $7.546K | 25.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54849 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 46121 | 1 |
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| Last trade - 12.11pm 07/08/2025 (20 minute delay) ? |
| FRM (ASX) Chart |