FNT is looking like good value.
They are not doing much ,but there cash balance is quite high for a company with a 6 to 7 million dollar market cap ,$4,751,000 at end of the quarter with a current quarter spend of $265,000.
By the end of the quarters spend that's a market value of around 2 million for there current assets.
May be worth a punt here if they look to acquire something new outside of PNG ,they are in a good cash position to do so.
Ann: Quarterly Activities Report, page-10
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Last
0.3¢ |
Change
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Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $5.985K | 1.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 69123377 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 2721779 | 6 |
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| Last trade - 15.57pm 13/09/2024 (20 minute delay) ? |
| LNR (ASX) Chart |