Don't have access to the full report but this was reported on the BRM site (which I hold shares in).
Macquarie initiated coverage of FRS this morning with an "Outperform" rating and a target price of $1.28:
We initiate coverage of FRS with a $1.28 price target and Outperform rating. Although FRS is so far without infrastructure access, FRS has a relatively good quality resource base with prospective upside, located close to major infrastructure systems. The investment case has a binary outcome, as without access to infrastructure / a haulage agreement, FRS will remain stranded."
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $3.559M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $15.4K | 700K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 113136 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 113136 | 0.022 |
2 | 166666 | 0.021 |
4 | 349445 | 0.020 |
1 | 157500 | 0.019 |
2 | 112218 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 40000 | 1 |
0.028 | 200000 | 1 |
0.029 | 112976 | 1 |
0.031 | 364462 | 1 |
0.033 | 155000 | 1 |
Last trade - 15.46pm 16/08/2024 (20 minute delay) ? |
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FRS (ASX) Chart |