FRX 14.3% 0.8¢ flexiroam limited

Ann: Trading Halt-FRX.AX, page-8

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  1. 232 Posts.
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    You have a point in the 4C but to generalise Asian companies of "lack of trust and transparency" sounds a bit racist to me. The hold reason why I invested in Flexiroam is because they are targeting Asian markets as compare to the traditional telcos like AYS , TPG or VOC which only have limited growth in Australia. I don't think any of these Australian companies have any chance to get into Asia market, if they do they will probably rely on companies like FRX to do so. The whole point of raising money in IPO is to buy growth, how do you expect a company to grow without burning cash?

    P/S: Sorry for being a bit emotional as I'm a Chinese myself hence find your statement extremely offensive.
 
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