FGL 4.35% 2.2¢ frugl group limited

AFR article, page-30

  1. 783 Posts.
    What a ridiculous premise. If I hold shares in a medical company that sold MRIs would I have to go out and buy a MRI?

    Not that I need to explain myself to you (or anyone other than my wife) I will repeat what I've stated here so many times before.
    • I bought share in a company that announced revolutionary break throughs
    • The product was released and I trialed it
    • It was obvious that the product was nowhere near the standard that the company had previously announced
    • I sold 99% of my shares for a profit at • Fast forward to today where I still hold a small parcel. I haven't sold as I don't need the cash and I hope I'll be able to break even one day
    • Given that hope is not a valid investing strategy and the company is clearly showing minimal progress I remain critical of both the company and those like yourself who act as a cheer squad putting forward false hope to others
 
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