The timing and the price for the capital raise was disastrous.If...

  1. 105 Posts.
    lightbulb Created with Sketch. 21
    The timing and the price for the capital raise was disastrous.

    If the price drops below $4 then there will be under-subscription for the SPP, which then will cause further price drop.

    I hope FND publish more 3Y reports soon that give confidence to new buyers and SP to rise.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.73
Change
-0.110(2.86%)
Mkt cap ! $230.5M
Open High Low Value Volume
$3.87 $3.94 $3.70 $621.2K 164.8K

Buyers (Bids)

No. Vol. Price($)
1 494 $3.72
 

Sellers (Offers)

Price($) Vol. No.
$3.73 7577 1
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
FND (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.