Still comfortable holding FRX as the potential upside is compelling.
TA:
Has largely traded in the range shown below since late November, with supply starting to drop off (which is positive). However, a break to the downside of 4c would be concerning with next support closer to 3c.
FA:
Cash receipts (last 2 quarters):
June 2021 - $369k
September 2021 - $680k
Revenue building very nicely in four announcements since 16 November:
Wave Rewards - $800k (per annum)
BP Mobile - $275k (per annum)
Global Wireless Telecom - $600k (per annum)
Mastercard extension - $250k (payment in Feb 2022)
Cash (as at 22 October 2021) - $3M (including $1.5M raised at 4c back in late October)
Market Cap: $22.17M
Next quarterly report due end January.
Patience needed.
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.18M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.7¢ | $1.828K | 65.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12635 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12635 | 0.027 |
1 | 200000 | 0.026 |
2 | 290000 | 0.025 |
2 | 273857 | 0.024 |
1 | 100000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 526823 | 3 |
0.030 | 921221 | 2 |
0.031 | 230000 | 2 |
0.033 | 1000000 | 1 |
0.035 | 70000 | 2 |
Last trade - 15.22pm 13/06/2024 (20 minute delay) ? |
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FRX (ASX) Chart |