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3 v 1
If anyone pondering best get in now or pay 1.25p
Mm offering support at 1.1 ,2 on 1.5 couple of full ask buys just come in totalled to 6k.
Full ask required it seems generally meaning could move up again on buy volume
Gla
What news ? The mcap is near 20 mill ,it's gong to take some news to shift this !!
Like I said 2 years ZERO share holder value ,they had a chance to thank shareholders but didn't.
You may get a huge spike one day but when ? No one knows , just like no one knows nav of investments .
I'm betting sub 10p by end of next week .
GLA
Jan 16 ______ 20p
Sept 18_______ 11p
Million s spent
Nothing returned
No share holder value .
Where's the value doggo ??
Share price has done nothing ?
They had a chance to pay a dividend ,which would've brought in a whole new load of investors /dreamers but they choose to re invest ?
From a 18 mill mcap they need to sell something for 10-20 mill to shift this up ,unlikely or pay a dividend .
They do neither.
You tell me where's the value ?and how it's going to get back to shareholders ??
My point is it can have all partnerships in the world , as can many iot companies. But there is no value on any of it,remember tech bubble bursting ?? Over valued . Think about it rather than being in love with the stock
I'm not a expert on ffwd ,but from what I've read nobody on this bb is either.
All the board seem to do is use ffwd as their play thing to invest in what they think is good.
Jan 16
Share price rise to 20p when Lorne arrived .
Sept 18 share price 11.625 p .
The cannabis was fantastic investment no denying but look at the share performance. DIRE
If they thought anything of holders that would've been diviidend . Instead ploughed back into more hair brained non cash generating companies.
Share price performance tells the story
Was decent though( sarcasm) .
I recall crazy valuations about that on here.
Img may have taken a slice of leap ,any figures? Or more pie on the sky valuations. .
They couldn't sell leap gaming , so took more at a set price and then valued it at $8 mill .
They couldn't sell it and made their own valuation !
To me as if this stock so complex even holders not sure what they invested in ??
No idea of investment valuations except one holder whom values a crypto that they aren't invested in .
Someone else likes another investment because it's been tweeted a lot - ever heard of bots??
My bet is this will head down to 5-7p as they have a cash balance which covers the mcap , investments valued as worthless until they're sold .
May get large spike then or may not .
Usual any post deemed negative results in abuse .
Ok doggo ffwd will be £10 ,hope that makes you feel good .
Figures I've heard about roflmao .. more proof to my point.
No idea ,now figures I've heard........hardly convincing statements which , from what I've read on this bb come from a "expert"
G night all
"No idea" - that's the point of my post. No one has a idea of value of investments.
The board are wealthy ffwd just their play thing ,with p i as the pawns.
They think they're good investments ,they may be in time .
Who knows ?? It's not like oil or gas ,or gold it's the same as crypto .
I doubt even the board can value the investments ,in fact they can't it's what they see them to be worth .
Hope they go up , but they may not nobody knows.
Like I said 2p or if you believe and want to make yourself feel good I'll say £2!!
Majority of Mellon investment have been pis s poor . Obviously one exception .
You've proved my point you or nobody can put a certain valuation on any ffwd investments .
It's what you think they worth ,like I said this could go 2p 4p or £1 or £10... Pretty much like crypto !
Gla
With ffwd is there's no firm valuations of what investments worth ? This could equally go to 3p as much as £1.
Yes the board support the company but they're multi millionaires so it's loose change .
Why didn't they Divi out the cannabis windfall ? Would that have been nice instead of another half baked Jim Mellon investment. ( Whom I hasten to add has a frankly awful record )
It was the one boom123 posted ,this morning.
Stated conservative estimate $23 mill rising to $55 mill it was the cost recovery which caught my eye in addition
to what looks like third party taking a large position .
Only taken a small position but fingers crossed .
Thanks FB , will have a further research later this evening . $110 mill is a large amount for sure . I'm thinking andalas could jv bunga pretty easily on the basis of the cost recovery avenue. ?
Also noticed the broker report posted this morning ,I like the conservative direction and yet the numbers where still large.
Thanks FB
Atb
Hi all , taken a few here today like the experience of the board and CEO stating he will return shareholder value .
A big ask for most considering the drop over the past few years.
Cost recovery on the bunga mas PSC deal $110 odd mill ,anyone any idea how that works ??..that's a large amount along side what's already a very significant resource for a tiny cap like andalas .
Atb
It's too early to tell with only one trading update at the moment, that's probably why there's a varying quotes. It All looks Good to Me with Growth 10% :)
Yes we'll See how the SP reacts in the coming sessions.. The trend is North and it Should carry on After Consolidation :)
Looks like the trading update was Factored into the SP.! Consolidating at this level today :)
Interesting, the SP has risen over 20% inside 3 Months if it continues at that rate it will be 400p inside the Next 6months.! But I'm Projecting the SP to be 326p by then and 400p within the Next 18mnths :)