FGL 0.00% 1.6¢ frugl group limited

Ann: Wangle Suspension Update, page-261

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  1. 1,372 Posts.
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    IMO ( which should not be taken as financial advice )

    1. Regardless of scenario, SP will get crushed for a few days/weeks as all the weak hands are cleansed, with scenario 4 being the shortest term.

    2. It's gunna take a lot of proof to shake the negative sentiment around this share so it will be slow going for a while

    3. This was always a "hold until the company starts making money" for me, which I'm glad for otherwise I would have wiped out riding the waves on this bad boy

    That said I'm quite positive about this. Tech can take ages to iron out and if this ever gets to market at the pricepoint they want it will slay, regardless of whether it outperforms its peers. To wit:

    Ma : "hey Pa this one's 5 bucks and it does the same thing"
    Pa: "f* the other one then"

    That's just my opinion, if it launches and starts making money straight away (possibly scenario 5, from their marketing it looks like they are ready to pull the trigger), all bets are off.
 
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