I agree Blake. With 1.4Billion shares on issue though there may need to be material improvements for the share price to respond significantly. Having said that though, I believe that since the oversubscribed capital raising, 10c ish or thereabouts will become the current floor for the price.
With each new plant adding $69M to income (hopefully) we must hope that a) they get this one up and running quickly and prove the cash flow projections and make headway on establishing elsewhere.
I agree Blake. With 1.4Billion shares on issue though there may...
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $14.13M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.6¢ | $35.63K | 5.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2049999 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 250000 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FGH (ASX) Chart |