I think 30c puts FFG in the ball park of $120m market cap and I would agree this is possible but probably rides on a few "ifs" and off the top of my head I would like to see:
1. On-going good news flow about Kryptos X, hitting set time lines to hit launch in three months as forecast.
2. On-going strength in Bitcoin value, hype around crypto etc.
3. Another 1-2 strategies in this space being launched, good outcome with ICI & other FFG projects.
I might be wrong - These type of stocks are so unpredictable.
But I can't see the market staying cool on this stock if the exchange looks like a real thing and they can hit the three month timeline.
30cents, page-3
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Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $17.58M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $4.043K | 336.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4388731 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 492625 | 5 |
View Market Depth
| Last trade - 15.59pm 15/10/2024 (20 minute delay) ? |
| FFG (ASX) Chart |