FFG 0.00% 1.1¢ fatfish group limited

Ann: Half Year Accounts, page-6

  1. 484 Posts.
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    Net tangible value:

    Half year ended 30 June 2018 (5.49 cents)

    Even though that has decreased from last year (due to the ICI decrease in value), the net tangible value is double what the current share price is.

    Management wants to get the attention of US investors, and rightly so. I think the Australian market firstly does not understand value behind a company dealing in games and cryptocurrency mining/exchanges. And secondly the risk appetite is not high enough here. I'm continuing to hold because I think the next couple of years will be very interesting.
 
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