It’s a disaster and as expected!
No explanation about why Tony is suddenly leaving? The new CEO who has been with FOD for 3 months was formerly a Head of Logistics, what a great pedigree for a listed co. CEO.
New independent NED is an absolute lightweight with no ASX or listed co. experience.
Finance arrangements are actually very good and rates are commercial and competitive.
Scherobi, your enthusiasm for this stock and your blind optimism is commendable but FOD’s performance has nothing to do with NAB’s willingness to provide support. The total loan book announced today is $8.1m which is supported by a fixed and floating charge over ALL company assets, debtors and supported by Director Guarantees. Zero risk for the NAB which is why as the incumbent lenders to FOD they were willing to jump into Greensill’s shoes on the $6.5m equipment finance facility and why the interest rates are competitive.
Is this the 4th or 5th CEO in 5 years?
Timber!!!!!
It’s a disaster and as expected! No explanation about why Tony...
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.36M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $13.91K | 81.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 24747 | 3 |
View Market Depth
| Last trade - 10.52am 03/06/2024 (20 minute delay) ? |
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Last
16.5¢ |
Change
0.000 ( 2.94 %) |
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| Open | High | Low | Volume | ||
| 17.0¢ | 17.0¢ | 16.5¢ | 49078 | ||
| Last updated 14.34pm 03/06/2024 ? | |||||
| OJC (ASX) Chart |