FGL 2.17% 4.7¢ frugl group limited

Ann: Wangle Suspension Update, page-238

  1. 474 Posts.
    I can see a few Scenarios playing out

    1. Nothing Launches / Trading still resumes - in this scenario I would say it would happen on Friday and the announcement would be that everything is launching the following week with firm dates. Anything else would not be acceptable and would cause a major dip in share price.

    2. Google Only Launch - as per my earlier post likely slated for Thursday. The announcement would hopefully also have some details about the status of Apple in there as well.

    3. Apple / Google simultaneous Launch - Best case scenario for management and SH and probably the goal but at this stage i dont think they would even know if they can achieve it this week.

    4. No Launches / Trading doesn't resume. This would be the ultimate Fuk U to SH and would give grounds for serious repercussions against the company imo. I think the likelihood of this is very slim however, obviously still a possible scenario.

    So the above is making the assumption that the app is completed etc scenario 3 is what everyone wants, management and SH alike. Realistically I'm putting this at about 15% chance of happening I just dont see it happening in the time line. Scenario 4 I also think is really slim somewhere down at about 5%, I really dont think the management could recover even if the app was the best thing since sliced bread and all the approvals were done on Monday and trading was resumed at lunch time then. SH's would be out for blood.

    This leaves scenarios 1 and 2 as the most likely, in my opinion. Whilst personally I would love for scenario 2 to come to fruition. Management really has a hard-on for simultaneous launch and the wording in the previous announcement about whether or not they have Apple approval. They don't actually mention launching on Android Play store as an interim measure. This makes me think it's more likely going to be a 60% chance of Scenario 1 and a 20% chance of scenario 2.

    Again this is just speculation from my point of view, but i thought i would put down the different ways i saw this playing out. The numbers used are a bit of gut feeling and experience from the fields i've worked in so please take them with a pinch of salt.

    If anyone can think of a scenario i haven't thought of please let me know.
 
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