"Congratulations however raising just around the corner "
Could you explain your thoughts
I think you need to read releases and also understand that with FRE the management have resources to cover any short term cash flow issues and no need to cow tow to advisors and brokers. If launch in USA fails or income is significantly delayed due to poor sales the efficient structure and low ongoing costs are not a huge burden IMO.
Biggest benefit is that their management isn't crippling the company by taking all the cash as wages IMO
Always a option to raise but I am not sure they need to until they see what eventuates.
Congrats to Peter and the team I hope you have success and keep up the clear communications
One thing is that at max suggested usage - 16 bottles is approx 92 days supply it does appear expensive at a bottle every 6 days? I'll have tp check my old notes
"Congratulations however raising just around the corner "Could...
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Last
6.8¢ |
Change
0.004(6.25%) |
Mkt cap ! $12.19M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
Change
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| Open | High | Low | Volume | ||
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| Last updated 14.00pm 03/05/2024 ? | |||||
| FRE (ASX) Chart |