FG1 4.17% 2.5¢ flynn gold limited

These guys had a net loss of 5.5million last year. Since the IPO...

  1. 92 Posts.
    lightbulb Created with Sketch. 7
    These guys had a net loss of 5.5million last year. Since the IPO they have diluted shareholders by at least half and this capital raise will be lucky if it lasts to the end of the year. So what happens at the end of the year. Another capital raise, more dilution of shareholder value, all the while giving themselves a bunch of shares, higher salaries and options every quarter?
 
watchlist Created with Sketch. Add FG1 (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.001(4.17%)
Mkt cap ! $6.363M
Open High Low Value Volume
2.4¢ 2.5¢ 2.4¢ $6.135K 253.5K

Buyers (Bids)

No. Vol. Price($)
1 63975 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 149798 2
View Market Depth
Last trade - 14.09pm 03/07/2024 (20 minute delay) ?
FG1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.