FRE needs a share consolidation, maybe 1:100, then a capital raise/acquisition to breath some life into it. Something away from IT, maybe a service industry or exploration purchase. Follow it up with a name change, then maybe we'll see some movement.
At the moment the board don't seem in much of hurry to do anything.... does anyone follow this stock or keep in contact with the directors?
With no debt on the balance sheet and a small amount of cash to keep the lights on they're one of the cleaner shells around.
whats going on, page-29
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