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4.7¢ first graphene limited

Ann: FGR Distribution Agreement with GtM Action, page-4

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Kamantea

3,106 Posts.

222

02/07/21

09:07

Post #: 54227789
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Originally posted by BlackBeak: ↑

Because it's the exact same announcement as the other day. It probably should have included "Updated" in the title.

The only addition I can see is they've stipulated it's a 4 year initial contract with an extension option of 2 years. And that there is no forecast economic impact for the company.

This contract feels weird. I'm excited to get into the concrete space, but 4 years exclusivity with no minimum purchase requirement like our other exclusive contracts? Why? If these guys decide to do nothing for 4 years then we're still locked out of the concrete market in NZ until 2025? And it also seems we've locked in exclusivity with an unknown company. They seem to have almost no footprint. It's not like we're signing with the Boral of NZ, it's like we're signing up with Gary's concrete planter boxes. Exclusively. For 4 years with no minimum buy.

I really want to like this, but this one feels weird.

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perhaps, more details will follow

FGR Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.7¢		Change -0.004(7.84%)		Mkt cap ! $30.98M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.7¢	$16.60K	340.9K

Buyers (Bids)

No.	Vol.	Price($)
2	8412	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	17637	1

View Market Depth

No.	Vol.	Price($)
2	8412	0.047
2	34239	0.046
3	227777	0.045
1	50000	0.044
2	123250	0.043

Price($)	Vol.	No.
0.048	17637	1
0.049	44635	1
0.050	20000	1
0.051	55553	2
0.052	439309	2

Last trade - 13.34pm 31/07/2024 (20 minute delay)

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