I agree regarding the cash on the balance it. It is FDV’s entirely I would say. In relation to expenses I would say each company we invest in has its own cash on its balance sheet to cover its expenses. With some CF+ and most losing money each quarter.
FDV’s cash would be used for its own business expenses and then to provide capital to its investments when they need to raise funds for operational / investment use. It would also be used to purchase further equity in the investments it likes.
I am hoping FDV will be CF positive within the next 13 months.
I agree regarding the cash on the balance it. It is FDV’s...
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Last
42.0¢ |
Change
-0.035(7.69%) |
Mkt cap ! $182.1M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.5¢ | 42.0¢ | $9.554K | 22.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11422 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 16398 | 1 |
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| Last trade - 15.54pm 04/11/2024 (20 minute delay) ? |
| FDV (ASX) Chart |