I bought FOD years ago. Shortly after they secured a 20m investment and I liked the story, so as the price appreciated from 6c to 18c I bought on the way up until I had an average buy price of 13c.
unfortunately several factors lead the company to perform poorly.
their new CEO has certainly turned the company around in the last 12 months. He has reduced costs, implemented many efficiency improvements and it is now,profitable again.
i think it can rerate back to 6c again quite quickly.
if the new carbonated wellness products sell well, it could rerate back to 10c.
if the premium collagen products sell well they could be 10c+.
but I see the getting back to 6c on their main business which is growing strongly (compared to the juice market)
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2.1¢ |
Change
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Mkt cap ! $15.86M |
Open | High | Low | Value | Volume |
1.9¢ | 2.1¢ | 1.9¢ | $18.30K | 904.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 686941 | 1.9¢ |
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Price($) | Vol. | No. |
---|---|---|
2.1¢ | 691301 | 2 |
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No. | Vol. | Price($) |
---|---|---|
2 | 536941 | 0.019 |
3 | 605263 | 0.018 |
4 | 367598 | 0.017 |
2 | 77351 | 0.016 |
7 | 528759 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 691301 | 2 |
0.022 | 18333 | 1 |
0.026 | 476190 | 1 |
0.030 | 50000 | 1 |
0.035 | 120000 | 1 |
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