FDV 2.38% 41.0¢ frontier digital ventures limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-10

  1. 4,279 Posts.
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    Agree. It is slow on the uptake, but let''s go through some fundamentals.
    Has this businenss model experienced success in the past - albeit in different geographical areas? YES
    Are their sufficient 'business smarts with experience'' running the biz? YES
    Is the market which we are attacking of sufficient scale? A qualified YES because we probably need to 'prove up' how a lesser disposable income geographic adapts to the business model.
    Plus the bounce of the ball hasn't eactly favoured us with the economical & political woes of Pakistan and Covid etc
    Overall, I think it needs an additional year to see if it has potential to scale properly and commercially.
    That said, I''d be pretty sure Shaun & his management team will know they are running out of quarters and excuses.
    Time to get the wheels up.
 
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