Nothing fundamentally has changed for FDV. There is tailwinds for emerging markets coming out of covid. Catcha group sell down provides more free float for FDV to push into the ASX300 which will be one of many catalyst in the next 12 months. Growth numbers were again strong in the last quarterly report and that's before there has been any meaningful vaccination in the emerging world. the sell down in the motley fool crew they got spooked early and moving to the next recommendation. TBH I am happy for them to sell out. FDV will continue to perform strong as a business and the share price will take care of itself in the long run. Remember the CEO owns 11% of FDV so he is aligned with the other share holders.
FDV Price at posting:
$1.43 Sentiment: Buy Disclosure: Held
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