I agree, I don’t think FDV will follow the typical CR play book. I think it may dip a little bit will be higher than the current price by the end of the month. Of course I don’t have a crystal ball and could be very wrong. However, the business is growing strong, approaching CF+, has just acquired 3 good businesses for good prices that will add significantly to revenue on an FDV portion basis and will have around 50 to 60 million for further opportunistic acquisitions.
I think the diversification of revenue, taking the pressure of Zameen, will be welcomed by the market.
Time will tell.
News: FDV Frontier Digital Ventures Posts 1H Revenue On Fdv Ownership Basis Of A$9.8M, page-63
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Last
42.0¢ |
Change
-0.030(6.67%) |
Mkt cap ! $182.1M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.0¢ | $68.73K | 160.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 97409 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 11666 | 1 |
View Market Depth
| Last trade - 15.48pm 09/07/2024 (20 minute delay) ? |
| FDV (ASX) Chart |