Don't shout me down but i'll give you my opinion. I bought back in twice since the drop and then sold out at 10.5. I bought again at 9.2 and sold out at 10. I nearly bought again today.
JAT and FOD I believe are in the same boat. While on paper they look good, however the market is very wary. JAT particularly, but we're not on the JAT forum.
FOD having the Chairman Dr Li selling OJ to his own company gives investors "questions". The way the the first ann came then the 2nd ann afterwards, again gives investors more question. Whether FOD holders like it or not, until the market sees more revenue and less mates helping mates feel, FOD will struggled to get back to the high teens or 20c where it was last year.
The future plans look great and me personally, I think FOD is a good investment, but the constant wall at 10.5 and the above are proving difficult for FOD to break. GLTAH.
Last edited by kenjikool:
Should have changed my sentiment, sorry Buy, not held25/03/19
FOD Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held