Well, don't entirely like it so early but this is business and loss incurred by one off directors share based pyt of around 6m. agreed by shareholders. If you don't vote against it they get it. The directors also have skin in the game paying almost double what they are now last purchase.
You have to read this for relevancy also:-
The company currently has in place a convertible loan facility of $10m of which $2,000,000 was drawn down. At the date of this report, $8.0m was drawn down with 8 million convertible notes issued. The convertible notes have a fixed conversion price of $0.07 per note.
The directors have prepared a cash flow forecast, which indicates that the Group will have sufficient cash flows to meet all commitments and working capital requirements for the 12 month period from the date of signing this financial report.
The company is growing its BNPL launch and Fintech products. There are funds around.
Further to the above, the entity holds shares in listed entities which it is able to liquidate to meet any funding needs as and when they arise.
- At the date of this report, the value of these investments was $11.88m.
It is now time for the company to get moving and directors show their worth and perform to get the share price moving again. The opportunity is there for the taking so do it and keep us up to date, frequently.
Good luck all.
- Forums
- ASX - By Stock
- FFG
- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-11
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
First paediatric clinical site activated – major recruitment milestone and key appointment announced
NEWS
Biotech innovator secures $5.5M R&D tax incentive refund – major boost for cutting-edge programs
Add FFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $14.06M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $199 | 22.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 6520274 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2166618 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 6520274 | 0.008 |
5 | 1742857 | 0.007 |
2 | 750000 | 0.006 |
6 | 4640000 | 0.005 |
3 | 3300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2166618 | 2 |
0.011 | 2817428 | 11 |
0.012 | 3788545 | 13 |
0.013 | 1578450 | 5 |
0.014 | 450000 | 2 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
FFG (ASX) Chart |