Far from professional but that thing is a mess, cant see any sort of support before 26c but given the FA and sentiment it could slip much much lower.
FGR in an interesting spot, chart wise its looking pretty good its set a nice base and even though the chart doesn't show it the volume signature has changed. I put that change down to a nominee account picking up some ahead of AIM. In regard to AIM I can see some bumps in the road there from a regulatory point of view and also uncertainty around Brexit, I feel capital in the UK is sitting on the sidelines waiting for a clearer picture. One thing I am sure of is that FGR management will be 100% committed to AIM as I feel they will lever that listing into delisting on the ASX thus removing the isolated scrutiny they were/are subject too, options issue to someone who isn't a board member but is an employee I note also, perhaps Dave got them for services rendered outside his normal role.
While technically it looks ok you can always be assured there is a little pump on the way to raise the price and raise cash (AIM) fundamentally the lack of licences being in place earlier to facilitate sales is mind boggling, sales were promised for years only to find out they werent in a position to complete them speaks volumes of PY and CMs abilities and as has been my long held view FGR wont achieve much while they still have some say. WG and AG have moved this thing along further than they ever did, they did this over 18 months while also being part time. The mob spoke and the good work of those two outshined the lack of effort or ability, or both which get the lion share of the rewards.
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Far from professional but that thing is a mess, cant see any...
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