FUN 8.16% 9.0¢ funtastic limited

Ann: Half Yearly Report and Accounts, page-35

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  1. 5,217 Posts.
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    IMO, the shares are a good punt up to 3c.

    Then, once they start generating cash, they can do a raising higher up, and things will look a lot better.

    Obviously, it's high risk. But to some degree they have the banks by the balls. It's in everyone's interest that they turn the corner.

    Technically, Alan Gray leaving the register is a massive plus. They capped the price at 2.3c and then crapped it out to 1.3c as they exited.

    If they get lucky with a new product, FUN could turn round quicker than people think.

    Darkest before the dawn, I hope.
 
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Currently unlisted public company.

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