I agree that the company appears to be heading in the right direction. Much slower than investors were expecting I presume. The current quarterly revenue of $300k is disappointing considering the March quarter achieved $405k. Quarterly increases in revenue is not happening to date. The cashflow report mentions that the company is looking to raise upto $1.5m so they must be reasonably confident in a big uplift in revenue to only be raising such a small amount. At least I hope that's the reason, which is why they've been ramping up manufacturing. Hopefully the Chemist Warehouse deal, China deal and US order starts generating something much more significant for FIJ.
I agree that the company appears to be heading in the right...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $6.804M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $12.06K | 2.412M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 8194416 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 13471569 | 18 |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
| CCO (ASX) Chart |