Somewhat surprised to see the share price come back again given they are coming out of winter and sales figures are expected to show a substantial uplift through new and existing channels.
Maybe the small placement of $200k at 17 cents has driven the on-market discount which would indicate no further decline expected but the volumes make this a hard call.
Still underpriced at this point in my view.
FTZ Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
