Exactly what I was thinking - it should get to 10c and beyond...

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RegularNinja

23 Posts.

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06/02/25

14:26

Post #: 77736775
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Originally posted by Bangkoknights: ↑

Hi JamesQuinn01 - FRE stock is hugely undervalued - 9.5 to 10 cents will definitely happen without a doubt. At that price, the stock will still be hugely undervalued. Whether it happens next week, the week after, or in March, who knows? I have averaged up a couple of times in the last few weeks because I have decided that this is a long term hold for me. I will not be trading this one for a few cents here or there.

I said in a previous post that this is a Warren Buffett style of investment. This is a "What will this company be worth in a few years time." I of course, may have a different outlook when it comes to investing in a company. After many years of trading, I now only hold two stocks. This one, and God forbid, a miner who has just started their maiden drill campaign. When I invest in a miner, I always want to give myself an uppercut because it is not investing! It is gambling. If I win, I get out, and if I lose, I get out.

A company like FRE is investing and not gambling. They already hold the gold. There job now is to sell it. And they will. Also, as stated by the company, this is not a one-horse race. Other products are in the pipeline. Don't look at Nasodine's sales figures today to base a view on investment. Think to ones self, what will the sales be like in 3 or 4 years time? What other ground-breaking products may the company develop, and what could the share price be in 3 or 5 years time?

I have invested in this as a set and forget. One could invest in this company, not look at a forum or a broker screen until 2030, and then most likely, and hopefully be very surprised what their investment today has done in 5 years time. (I don't recommend that to everyone, lol, because we all have different tolerance levels, and a need to know) but could it hit 9.5 or 10 cents by March? Yes, of course it could. It should be there today. It really should be much higher than that today. Much, much higher. And in time it will be.

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Exactly what I was thinking - it should get to 10c and beyond but the question is when. March is probably likely to get close to 10 but who knows. It will take some time to get sales growth in Singapore, then again in Philippines and other markets so it may take some time to get to where it should be

FRE Price at posting: 7.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $15.72M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	8500	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	5000	1

View Market Depth

No.	Vol.	Price($)
1	8500	0.067
1	30000	0.062
1	30000	0.061
1	9000	0.060
1	9925	0.056

Price($)	Vol.	No.
0.069	5000	1
0.080	47101	2
0.088	5758	2
0.090	100	1
0.091	948112	2

Last trade - 07.10am 25/06/2025 (20 minute delay)

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