Ann: FOD to upgrade facility and expand range for China, page-23

The announcement for further growth is a very good one, in the midst of an increasing market demand for its products. It shows that FOD's management is not standing still. This is not a deadbeat company that promises much (including hot air) and delivers little with not much to show. If there may be a need for a credit raising further down the line, to fund the expansion, why is that bad for a growing company with growing plans to increase its business and existing revenues? Increased trading volume is showing up a greater interest in the company. If the price action exceeds 16c, next immediate resistances to overcome are 17.5c, then 20.5 - 21c.