I talked to Alber Aimers, the CEO of FNGP today. He is always very accessible. He said since the financial sector is doing very poorly now and they are going to diversify into other areas. He said he is going to put out some PRs about their plans in the near future. He also said there are no buyers right now but the volume of sales is also small. He is confident that they will turn the company around, but I think in current circumstances it will take longer. He is actually planning on buying some himself to average down. He reminded me that he bought a lot of shares last year and is not going to sell any anytime soon. I will add some at these prices.
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