RE: Help......any new factor today?12 Dec 2023 11:00
No need to panic, increased volumes and sharp drops usually mean the seller is kitchen sinking it and nearly done,
20m Cash vs 39m mcap and 10m loss, with forecast of break even (IIRC) in 25, should mean it's ok without funding
Quite a steal here if im honest, with the new CMS game strategy... probably should be around £1.50 or so on a RR basis
"The Board expects Frontier to at least break even in FY25 through the ongoing performance of the existing portfolio of games, revenue contributions from future releases including the CMS game scheduled for FY25, and the 20% operating cost reductions from the Organisational Review."
All IMO