Good coverage, page-4

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26/02/19

11:12

Post #: 37569056
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Originally posted by deftordaft: ↑

Here copy article

Bell snaps up Family Zone stakeBy Sarah Thompson and Anthony MacdonaldFeb 26, 2019 — 12.15amSaveShareSydney accountant and business adviser Anthony Bell has popped up on the share register of ASX-listed cyber security group Family Zone Cyber Safety Ltd.Street Talk understands Bell has taken a 2.7 per cent stake, which puts him among a group of well-known investors building stakes in the Perth-listed company. Others include Wesfarmers' executive David Baxby, investment banker Matt Lodge and 4.8 per cent shareholder Regal Funds Management.It's understood Bell had more than capital growth in mind with his Family Zone investment. He was said to have found the company when searching for cyber security tools to protect his two young daughters at school and at home on their device recently. Family Zone has products aimed at keeping kids safe online.Celebrity accountant Anthony Bell has taken a stake in ASX-listed cyber security group Family Zone Cyber Safety Ltd. Erin JonassonIt comes as Perth-based Family Zone extended a partnership with Woolworths' mobile reseller and announced customer revenue worth $1.3 million in the December quarter, which was up 184 per cent year-on-year.Investors have been told to expect the company to be cashflow break-even this year and revenue to be $9 million or more. Family Zone had $3.6 million cash in the bank as at December 31, and received another $1 million in the first week of January relating to R&D tax incentives and a recent capital raising.

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They all not silly this share is crazily cheap, they been kicking butt quarter by quarter. Will be back to 40-50c in no time.

FZO Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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Good coverage, page-4

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