I think further patience is required with FGR. I think the road to profitability will happen in my opinion but not by December. As far as cash per the annual report they have 3.7mil at 30/6 and a further 2.4mil in post 30/6 options exercise. They have also made an order for 500tonne of SL Graphite on 4/7. Hopefully they don't need another rights issue before they become profitable. This is an opinion and suggest you DYOR.
I think further patience is required with FGR. I think the road...
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Last
6.1¢ |
Change
0.002(2.52%) |
Mkt cap ! $40.21M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.1¢ | 5.8¢ | $35.58K | 595.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51724 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 59980 | 2 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
6.0¢ |
Change
0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 6.0¢ | 5.8¢ | 175741 | ||
| Last updated 15.27pm 02/05/2024 ? | |||||
| FGR (ASX) Chart |