FGR 1.85% 5.3¢ first graphene limited

Foster Stock Broking - FGR Broker Report 17th June 2019, page-28

  1. 392 Posts.
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    Seems like there are a few impatient people... I would love to see announcements come through, but let's be realistic. We just received a massive one the other week which allows FGR to start making sales agreements, if I understand correctly they weren't allowed to start negotiating contracts until they had this ready.

    And I don't know you're experiences, but I've worked at places before where it takes a few weeks just to get something like a PC purchase approved, these guys would be negotiating huge sales agreements. This will take a bit of going back and forward, probably negotiating on price, timing etc., not to mention that the buyers probably need to confirm they want to go ahead with Graphene.

    Sales will come, of that we are confident otherwise why hold FGR shares. So sit back until they start coming through over the next weeks and months!
 
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