That depends on when you get back. The quarter is nearly finished, and FRX typically report late in October. Last year they went a little bit early, (18th Oct) and delivered their 1st Cash Flow Positive result. The share price jumped on that day from 2.8c to 6.8c!
With the level of growth that FRX are currently experiencing, it would be difficult to produce another net cash inflow this quarter, but I'm confident that is what they are striving for. It is the only metric that will lift their SP (and allow them to raise capital at a more realistic valuation).
It has been a month since FRX basically doubled their prices, and there hasn't been any significant drop in their download rankings. Also, they haven'y (yet) hit the market with a CR, so as each day ticks by my confidence grow that this quarter's result will be a good one.
How will you be accessing your World Voicemail & using your World Phone whilst your are travelling?
- Forums
- ASX - By Stock
- FRX
- Ann: Results of Meeting
Ann: Results of Meeting, page-14
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $20.18M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $1.45K | 53.72K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 501835 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 217392 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 501835 | 0.027 |
2 | 290000 | 0.025 |
2 | 273857 | 0.024 |
1 | 40000 | 0.023 |
1 | 100000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 217392 | 1 |
0.030 | 500000 | 1 |
0.031 | 751221 | 3 |
0.032 | 200000 | 1 |
0.033 | 1000000 | 1 |
Last trade - 15.33pm 28/05/2024 (20 minute delay) ? |
|
|||||
Last
2.7¢ |
  |
Change
-0.001 ( 3.57 %) |
|||
Open | High | Low | Volume | ||
2.7¢ | 2.7¢ | 2.7¢ | 61574 | ||
Last updated 15.33pm 28/05/2024 ? |
Featured News
FRX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online