Hi @mackum8 , I purchased my first bitcoin's when it was around $180 a coin. Real social awareness of Crypto currencies occurred in the second half of last year with the general public.
I agree with you that the real big winners are the exchanges - 'the shovels' - and yes FFG has an investment in this space. However, I feel the positive hype around the exchange is far greater than the actual investment which is small. Yes FFG has an investment in APAC Mining, however the feedback to the market on this investment has been limited. Because of these investments FFG is affected by the sentiment of the crypto market.
I have personally met the CEO and I agree with the direction of the company.
Having previously invested in other Crypto stocks such as Digital X which have been successful, I feel that FFG is currently undervalued and it is an ideal time to get on board.
Please do your own research.
Nothing is more Important this week, page-33
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Last
1.3¢ |
Change
0.003(30.0%) |
Mkt cap ! $18.28M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.3¢ | 1.1¢ | $74.61K | 6.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1100075 | 5 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| FFG (ASX) Chart |