Not sure how familiar holders on FFG are but if you read the in-depth report by Insyte on FFG, ICI had a book value of $25m, discounted to $20m which is currently now worth $7m. Plus the other rubbish on their books, you are looking at a best case scenario of $17m MC. FFG trades at a 30% discount to this value due to its speculative nature in investments hence more or less looking at $10-12m MC until material news appears.
Disclosure - bought this at 2c before, watched it go to 12c, sold out at 8c - will look to re-enter at 2c.
GLTAH
http://www.fatfish.co/investor-relations/ - you can find the report on this page FYI.
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- Ann: Subsidiary ICI -Outcome of Court Application & Reinstatement
Ann: Subsidiary ICI -Outcome of Court Application & Reinstatement, page-16
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $18.28M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.1¢ | $9.639K | 799.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47416 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 755481 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47416 | 0.012 |
10 | 2119144 | 0.011 |
24 | 5459185 | 0.010 |
4 | 1386666 | 0.009 |
6 | 985156 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 755481 | 2 |
0.014 | 1709672 | 6 |
0.015 | 602293 | 4 |
0.016 | 1330562 | 4 |
0.017 | 849999 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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FFG (ASX) Chart |