Ann: Investor Webinar - Q3FY23 Update, page-21

After the high volume spike for 3 weeks in Jan 2021 a 2yr wedge/pennant pattern formed. It now has completed Waves A,B,C,D, and E so a breakout can happen at any time now, technically speaking.
So we have increasing revenue metrics and decreasing data costs( the biggest cost % wise), a T20 with 68% in 2021(500m SOI), T20 with 68% in 2022(600m SOI), a switched on no BS CEO who tries to under promise and over deliver, a loyal shareholder base were 95% own over 100k shares, a company able to raise at a premium last 2 CR's and a world opening up to travel a lightning speed.
So 408m in the T20 and a high percentage of holders with sticky hands leaves a free float of <100m shares IMO if a breakout to higher prices occurs. This has FOMO written all over it.
Have seen this before with another long term investment, ISX where insiders owned circa 75% of SOI. After breakout took 9months to 15x.
I have been building my position due the above as it will very hard to do so after breakout and will cost much much more.
This chart has rerate written all over it and I believe it will be spectacular.
Not advice and my risk profile is high but have been on 3 rerate unicorns since 2018 and FRX is such a sleeper. As a former world traveller and international flight attendant this product just makes sense to me.