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post Posted: Jun 8 2021, 06:34 PM
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FOS Capital Limited (FOS), through its wholly owned subsidiaries, operates an Australian based lighting design, engineering and manufacturing business serving the commercial, retail and industrial lighting sectors.

The FOS Group encompasses the Company, FOS Lighting Group Pty Ltd, FOS Lighting Pty Ltd (formerly Frend Lighting) and Baker & McAuliffe Holdings Pty Ltd T/A JSB Lighting.

The FOS Group operates in the commercial, retail and industrial lighting markets in Australia, with particular focus and expertise in LED lighting applications. These sectors include warehousing, hospitality, medical, aged care and education facilities which typically require large scale bespoke lighting solutions.

The FOS Group provides a broad range of lighting products and services. The Company, via its subsidiaries FOS Lighting and JSB Lighting, is one of only a few Australian lighting suppliers with full manufacturing capability in Australia. This allows the FOS Group to provide a full-service lighting solution which includes the design, development, engineering, manufacture and distribution of lighting products.

Principal Activities .... Design, engineering, manufacturing and supply of commercial, retail and industrial lighting solutions
Issue Price .... $0.25
Issue Type .... Ordinary Fully Paid Shares
Security code .... FOS
Capital to be Raised ..... $3,000,000
Underwriter ...... Not underwritten. K S Capital Pty Limited (Lead Manager)

trading, but in the 20c to 22c range since listing two days ago

"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

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