FRE is just one of many listed companies with a poor track record and overpaid senior management.
Sell up - this one is going down down down, no fool in their right mind would invest $1 in this one.
The VOIP market hasn't lived up to the hype - FRE has severly missed the boat given this technology was rolled out heavily across big firms in EUROPE over 5 years ago.
To make matters worse the VOIP market is severly shrinking, currently 1 in 5 Australian house-holds have ditched landlines in favour of only mobile phones - why???? The cost of a mobile phone call is now ridiculously cheap - why on earth would anyone want to gain a VOIP option when call costs are at an all time low?
FSG Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held