While this is a nice announcement and it's great to finally start seeing more sales I am concerned that 3,000 kgs = $900,000 in revenue. Going on the P&L from last financial year FGR is running at an annual loss of $7,048,220. From my understanding FGR needs to sell 23,494 kgs per annum just to break even (one quarter of their total capacity at 100,000 kgs per annum). Here's hoping for a lot more sales contracts to occur over 2020.
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4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $28.12M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.1¢ | $3.27K | 79.68K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 73165 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2 | 73165 | 0.041 |
1 | 17382 | 0.040 |
1 | 45000 | 0.039 |
1 | 260 | 0.038 |
4 | 136234 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 100000 | 1 |
0.043 | 127920 | 2 |
0.045 | 258655 | 2 |
0.047 | 239393 | 3 |
0.049 | 50000 | 1 |
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