FDV 1.14% 44.5¢ frontier digital ventures limited

Burning question for me, what will FDV now do with over $60 mil...

  1. 354 Posts.
    lightbulb Created with Sketch. 95
    Burning question for me, what will FDV now do with over $60 mil cash? Existing portfolio nearing profitability so consuming much capital. Why would you do such a big raising if you didn't have a plan to spend it, Shaun would just be diluting himself? Any predictions, would H/c contributors prefer increased stakes in existing businesses or more acquisitions? If acquisitions what's the preferred geography, Latam, Asia or Mid East/Africa.
 
watchlist Created with Sketch. Add FDV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.