FDR is a company with a strategic goal so I won’t sell until that goal is achieved or my target value is realised.
It’s not a hype or pump company, it doesn’t waste spend on advertising or promoters. Instead they have a well planned, logical business strategy to monetise assets and graduate the company from explorer to producer over time.
The ability to realise this strategy endpoint relies on three things. 1. Conserving capital and cash while advancing prospects - this has been proven already judging by the spend since listing 18 months ago. 2. Bringing in high value prospects cheaply - Already proven through history of company and asset onboarding last year. 3. Bringing farm-in partners to drill prospects - they have yet to prove this one, though it is still early days.
Waiting is of course not fun, but that’s part of the game
GLTA
FDR is a company with a strategic goal so I won’t sell until...
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Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16523 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 20307 | 2 |
View Market Depth
| Last trade - 16.12pm 13/06/2025 (20 minute delay) ? |
| FDR (ASX) Chart |
Day chart unavailable