Im a holder (relatively new to register at ~2.9c cost) and im here because I have a long term positive view on FOD, underlying improvement in business is great and very obvious - about time for the the longer term investors.
Underlying Cash Outflow is still too high (Note 7m cap raise during the year is the only reason its still solvent)... Next 12 months will be very interesting - Much more upside than downside from these levels IMO, nothing new in the report. I don't suspect much of a market reaction unless an external force is at play (i.e. sell down or pump-up from Wise Owl).
I have a general feeling the Wise Owl guys will stay true to course and give FOD its chance to execute the turnaround - I am sure they, as we all would, love to see a serious Board refresh.
GLTAH.
Ann: FOD delivers $7.3m EBITDA improvement, page-3
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.91M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.5¢ | $54.70K | 352.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39709 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 490479 | 2 |
View Market Depth
| Last trade - 15.33pm 29/07/2024 (20 minute delay) ? |
| OJC (ASX) Chart |