FDM 0.00% 1.1¢ freedom oil and gas ltd

Cmon MAD - Get your butt into gear!!, page-4

  1. 2,647 Posts.
    People have to wait. The management team have said they could have bought something by now by over paying. They are disciplined not to do that, and so aren't in a rush. Problem is in the mean time cash is just getting ripped up. If you wait longer more cash is going to get ripped up, buy something and over pay and you are ripping up cash. No win situation. Good time with to be on the sidelines. Pretty soon 8.8 cents is going to look expensive compared to cash backing and enterprise value
 
watchlist Created with Sketch. Add FDM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.