The market is there and growing.
FRX only needs a small % of such a large market to still be a successful company, or more likely a takeover target.
But agree with @gizard that they had their chance as first movers to really have been something special in this space had they raised and gone big from the beginning.
Its hard to fathom that not one deal has been big enough to announce since Emirates. And Marc was lucky enough to have inherited MasterCard, otherwise without this revenue I'm not sure the company would even exist.
https://www.androidauthority.com/travel-esim-vs-roaming-3432183/
Milesy
Ann: $2 million Capital Raise and Corporate Update, page-28
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $20.93M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.8¢ | $944 | 33.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 501835 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 217392 | 1 |
View Market Depth
| Last trade - 15.16pm 29/05/2024 (20 minute delay) ? |
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Last
2.8¢ |
Change
0.001 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 2.8¢ | 2.8¢ | 2.8¢ | 23411 | ||
| Last updated 15.16pm 29/05/2024 ? | |||||
| FRX (ASX) Chart |