Completely disagree with the shareholder trust and promotion ideas.Promotion should be irrelevant, I would rather FOD became profitable, concentrate on the core juice business margins, and ignore these wasteful ventures like hand sanitiser, eridani, and inevitably the next failure ie gut shots.
If the share price was low due to poor promotion, but the underlying business was profitable, that would would be a fantastic buying opportunity.
If they could make 2-3 million npat a year, i would be happy with that as a perpetual dividend, without any growth beyond inflation. That won't happen as the directors are too happy milking the company dry.
The reason for the share price is the lack of profitability, even effective promotion is just scamming others into a speculative bubble.I sold 4 months ago at 2.7c. Had been holding for 2 years hoping for reasonable profitability.
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.40M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 16.0¢ | $2.763K | 17.26K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 36833 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 99988 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 36833 | 0.160 |
1 | 4000 | 0.155 |
1 | 16117 | 0.150 |
1 | 610 | 0.100 |
1 | 50000 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 99988 | 1 |
0.170 | 91774 | 4 |
0.175 | 469522 | 9 |
0.180 | 82530 | 5 |
0.185 | 29834 | 2 |
Last trade - 14.47pm 12/07/2024 (20 minute delay) ? |
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