They will need cash.
They have a marketing program and research to complete.
Existing revenue would appear to be non existent.
If the program has legs they will get a "sophisticated" investor placement with a minimal offer to existing shareholders.
If not.........who knows.
I am beginning to get the sense that the shoe string budget is bringing many pressures that could cause an unravelling of the project.
You cannot have less than 12 months cash left to run a developing business without something happening.
............
- Forums
- ASX - By Stock
- FGL
- Wangle Downloads on Andriod
Wangle Downloads on Andriod, page-12
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.888M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 101272 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 101272 | 0.018 |
1 | 150000 | 0.017 |
1 | 181501 | 0.016 |
1 | 200000 | 0.015 |
1 | 214357 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 200000 | 1 |
0.027 | 99789 | 1 |
0.028 | 50000 | 1 |
0.030 | 133554 | 1 |
0.110 | 52515 | 1 |
Last trade - 16.12pm 17/09/2024 (20 minute delay) ? |
Featured News
FGL (ASX) Chart |
Day chart unavailable