FGR 2.13% 4.6¢ first graphene limited

Hi Biggles.Impossible to tell, FSB stopped covering FGR in...

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    Hi Biggles.

    Impossible to tell,

    FSB stopped covering FGR in December 2019

    https://hotcopper.com.au/data/attachments/2805/2805285-2ef148a4c654fecd7963398d9c0c410e.jpg

    Their coverage IMO was extremely poor, to be honest they are doing extremely well out of the options, 5mil x 12c (difference between heads and options) = $600k. I personally don't believe their coverage was worth paying, let alone making $600k out of shareholders. The only positive, FSB are paying us $900k (if all options are converted) which may reduce the possibility of a CR as @daveg suggested last month.
 
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