FOS 3.70% 28.0¢ fos capital ltd

FOS CAPITAL LTD IPO Analysis, page-70

  1. 4,132 Posts.
    lightbulb Created with Sketch. 69
    Hi Whity

    If your looking to buy under 19 cents you should thank me .

    Not sure about your opinion of. " At 19 cents with cash on hand plus current market cap its nearly cash backing."
    They blew about 20% of the funds raised on the IPO cost and adding " current market cap" to the valuation is a bit of a stretch . Market cap is not cash in the bank . Its a fictional value or a factual value if you can find a greater fool to pay that price .

    I will continue to denounce the un-defendable till the in-defenseable stop sprooking a liquidators escapee OR you put up a case for it being of any value

    I keep asking for people to make a case and all I get is complaints about my position . Shut me up with a case that will pass the sniff test
 
watchlist Created with Sketch. Add FOS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.