FOS 0.00% 21.0¢ fos capital ltd

Well one poster appears not to be a fan... I reckon this is more...

  1. 222 Posts.
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    Well one poster appears not to be a fan... I reckon this is more than worth a punt at the current price. Not many other micro-caps that offer this:

    • $1.5m EV (inc cash and net working cap)
    • No debt other than leases.
    • Great capital structure for future bolt on acquisitions - all part of the strategy.
    • Management/Board with massive amount of skin in the game (holding 33m of the 45m issued shares)

    I also think people are missing just how profitable the two starting operating businesses are if you annualise the 3 month and 6 month respective financial statements:

    • $2.1m profit before tax
    • $2.7m in positive operating cash flow

    Hardly a terrible starting point is it?

    https://hotcopper.com.au/data/attachments/3298/3298246-76bf1985b0955a6d3b2ec5369464dc80.jpg
 
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Mkt cap ! $11.29M
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21.8¢ 22.5¢ 21.0¢ $8.356K 39.11K

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No. Vol. Price($)
2 25442 21.0¢
 

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Price($) Vol. No.
24.5¢ 171000 2
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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