From the 2019 report, the company has managed to post a loss in the last year from continuing operations, NOT including income tax expenses, of over FOUR AND A HALF MILLION dollars. Considering the small size of the business does anyone think this is a reasonable result? A new listing on another exchange will no doubt attract new investors to cough up their hard-earned. Will the IPO in Canada include information on the financial performance of FGF? What do you think? Just asking.
How much of that new listing will current SHs be entitled to? A quick guess? Taking into account new SH contributions - costs of listing - present value of current SH holdings in FGF. What is a fair price for a share in FGF atm? Hard to say isn't it as Mr Market is not being allowed to show his face. Anyway just asking.
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Potential / Exposure FGF on the Canadian Stock Exchange, page-9
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