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07/06/21

09:38

Post #: 53684463
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Originally posted by diddycat: ↑

Hi aarong98

FOS barely makes enough to pay for the extra costs associated with being a listed company. It then takes on a loss making enterprise. Blows most of the IPO money, A turn around may work but not before they hold out there hand to existing shareholder for more cash or hang up the closed sign.
A real big question is the dodgy bit about not integrating JBS because of some stupid different financial year junk One being June and the other months later all smells bad . Throw in you dont know what evils come with JSB till integrated, aside from you know its lost more money than the IPO will bring in.

What every it opens for it will be less a year from now , maybe far far less

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I would rather have the reports isolated to see the impact on different parts. IE how the turnaround on Frend is working and how JSB can be turn around with same playbook. JSB was acquired for 600k. You can integrate yourself if you really want to but you would lose sight of details.
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