FOS 0.00% 24.5¢ fos capital ltd

Now this gets interesting. Possible MASSIVE acquisition?

  1. 7,922 Posts.
    lightbulb Created with Sketch. 448
    So.. an article has hit the AFR as per bottom screen dump below. A highly profitable business call Pierlite with revenue in the vicitniy of 150mil and in the exact same industry as FOS group seems to be up for sale. Pierlite is part of the Gerard lighting group which sold one of their businesses to FOS in 2019... and Gerard Group was also the firm that bought out Moonlighting in 1991 from Con who is CEO of FOS. Do we think we are going to go full cicrcle here and have FOS potentially look at buying Pierlite if they are on the market? Large acquisiton which could easily be done if you had access to capital markets... and reading the first few paragraphs of the prospectus pitch.. I think it is not out of the question!

    https://hotcopper.com.au/data/attachments/3463/3463062-aef4c7aa3e43ba786f5b2a7454dfa8e2.jpg

    https://hotcopper.com.au/data/attachments/3463/3463070-129d5890da7fe3a0bf5c17286dbfc620.jpg





    https://hotcopper.com.au/data/attachments/3463/3463020-5b6c04c2ff1717feb57c35b7cc0250e2.jpg
 
watchlist Created with Sketch. Add FOS (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
0.000(0.00%)
Mkt cap ! $13.18M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 3000 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 15000 1
View Market Depth
Last trade - 16.12pm 03/05/2024 (20 minute delay) ?
FOS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.