FGL 0.00% 5.5¢ frugl group limited

5 Days and counting, page-382

  1. 583 Posts.
    Hi all, yes I've been away on a rather unfortunate family matter and haven't even looked at HC for a few weeks now.

    In fact I only checked in today after looking at the announcement this morning.

    I dumped my holdings on the 6th of June, I had previously disclosed I would sell just before the App release and come back into it as I watched the download rates on the respective App stores.

    I am genuinely saddened to see what has happened today, I previously voiced concerns that the data retention issue may not be just a simple bolt on function to the App and could need complete rewrite or rebuild (please note I am not a techy but realised it as a risk).

    It appears the company have taken on board some criticisms on here though, the need to outsource marketing, and not to keep putting dates on milestones which they have missed consistently, and a nice little shout out to shareholders that they are looking after their medium to long term interests.

    Apart from the unfortunate outcome this morning, I hope this finds everyone well.
 
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