When I have researched this company after being recommended to look into it... I too feel it is over valued on paper and future prospects. It looks to be chasing any and all commodities without any real direction....
HOWEVER I have only kept it on my radar due to huge Director purchases 'On Market'. $5 Mil out of your own pocket is a lot of money, the Directors salary is not huge. This was only a little while ago...
It will remain on my watch list only for this reason... As the Director did purchase around 20c I feel this main purchase has pushed the stock up 25%.
FXR Price at posting:
24.3¢ Sentiment: None Disclosure: Not Held
