FGL 0.00% 1.8¢ frugl group limited

Ann: Change in substantial holding, page-16

  1. 4,103 Posts.
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    Guys IMHO

    This has what has taken place

    Keaton Wallace has done a deal with both

    The class B vendors are the original owners of nexgen.. Jason Gitmans and Rob Pole.

    TAKE NOTE

    30/6/17 Put Option Ann

    item 6e (a) 40,500,000 fully paid shares issued

    NOTE

    looks to me like Keaton has done a deal with previous owners to take half of their holdings

    ie 20,250,00 at a price of .008 to both avoid the sp being slaughtered and also for him to avoid being sold under as they sell down their remaining 20,250,000

    Which in no uncertain terms is a massive vote of confidence as the purchase is up to date after all this guy knows exactly how this is going from the inside

    I must admit to being a little apprehensive myself over my interest in this Co but this update has just given me a boat load of added confidence that behind the lines this is all coming together

    I'm impressed not only has he picked up the 20 plus mill he has also purchased on market hats off to you Keaton great message to the market, things must be looking good from your end

    This is just my opinion I could be totally wrong here

    I already have a decent holding but had I had the funds I would be in there picking up more after this vote off confidence

    DYOR

    GO WGL
 
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