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Compare the pay of the MD/management for UNL and FRX you mind...

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brendankok

232 Posts.

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03/08/18

20:33

Post #: 34715792
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Originally posted by dailep ↑

Situation with Covermore agreement termination is not so bad.
UNL had an exclusive agreement to supply SIM cards to Covermore in insurance markets where UNL operate with them in. This agreement is now terminated freeing United up to extend UNL solutions with other insurers in market.

As part of the Covermore contract finalisation all customers will be migrated to United Networks as direct customers. Covermore continues to make offers until 28.8.2018

Gross revenue from Covermore was approximately $50,000 per month but cost reductions relating to this Cavermore contract termination will be $15,000 to $20,000 per month.

2018 Q3 vs 2018 Q4 revenue was +$422000 this revenue increase will easily cover revenue loss from Covermore contract.

P.S.
It's interesting how you can predict FRX last Q's revenue to within $2k. Can you send me step-by-step instructions how you did that? If it works that will definitely help me to choose time and price for buying FRX shares.

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Compare the pay of the MD/management for UNL and FRX you mind will be blown.

FRX Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $9.468M

Open	High	Low	Value	Volume
0.8¢	0.9¢	0.8¢	$21.01K	2.507M

Buyers (Bids)

No.	Vol.	Price($)
1	65319	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	799461	2

View Market Depth

No.	Vol.	Price($)
1	249993	0.014
4	334000	0.013
2	900000	0.010
1	120000	0.008
0	0	0.000

Price($)	Vol.	No.
0.015	518941	2
0.016	200000	1
0.019	39999	1
0.021	80000	1
0.028	1155438	1

Last trade - 15.11pm 29/11/2024 (20 minute delay)

FRX (ASX) Chart