China looks good only on paper, there is a massive challenge with continuously changing regulations and getting distribution. It is only good for the share price hype etc but FRM does not need share price hype - 10c to $2 is good enough. FRM can do much better growing supply in AUS - the new facility should give us ~10 mil revenue very soon + potential acquisition could add another $20 mil.
FRM is still very undervalued - $2.75 is a matter of time if report is strong. Cant wait.
Eggcellent, page-51
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Mkt cap ! $13.95M | |||
| Open | High | Low | Value | Volume |
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