FMR 2.50% 19.5¢ fmr resources limited

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  1. 5 Posts.
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    Maybe so, non-investor Festerwater, but lets see what the cash report and any commentary reveals before we get too excited, or lose heart with this stock. Although, nothing has been  reported so far to suggest cash is anywhere near north of $4m. Gee, when it was listed last June 2016 I thought it had around $10m in cash! I've been looking back to see what has changed from the sales pitch about that fabulous word "growth" in key indicators but cant see any announcement from Nvoi on that direction? Has anyone heard anything of value on this score? What would attract more investment on what we know so far? Will Nvoi need more capital? On what we know, Prospectus investors and other camp followers will not be happy with more capital coming in at the current price, even when we take a long term view. Hopefully, the cash report will see growth in cash revenue and key indicators and a reduced burn rate. Let's wait and see.
 
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Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $4.127M
Open High Low Value Volume
19.5¢ 19.5¢ 19.5¢ $4.452K 22.82K

Buyers (Bids)

No. Vol. Price($)
1 10000 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 27149 1
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Last trade - 13.05pm 13/11/2024 (20 minute delay) ?
FMR (ASX) Chart
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