FFF 0.00% 1.4¢ forbidden foods limited

So directors are holding around 26% of the Company shares and...

  1. 13,397 Posts.
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    So directors are holding around 26% of the Company shares and mostly in escrow for at least 2yrs.

    Very little free float on this stock with only 75 million shares issued.

    Has been performing similar to WOA since listing so far. WOA went to .40c then came back down to around .27c before settling around .34c. Then they did a cheeky CR at .27c but the market loved it and rerated up around .45c before a mega run to $1.85 in August, now back down to $1.10.

    These tightly held stocks can move very quickly on positive news, just need to be patient. Expecting more news flow in October with the launch of the Funch Baby food range. That will be a major catalyst for a rerate.

    May see a little more weakness in the share price on profit taking in coming days but .31c should be the support area, but most likely it will settle around .35c to .37c. MC is quite low and and consistent with other stocks like PFT on similar revenue and growth potential.
 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $3.181M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 206139 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 112870 2
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Last trade - 16.12pm 03/05/2024 (20 minute delay) ?
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