FGL 0.00% 4.3¢ frugl group limited

Marketing and Spreading the Word, page-149

  1. 2,454 Posts.
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    LOL, keep it together mate. Haven't sold a single share and I'm not about to either. I could have sold at 1.4 cents, dumped it all, as I saw this coming as it was happening. But decided against it, as to be honest, I couldn't be bothered at this time of the year. But, mainly, the story has just started...so I want to see how it plays out over the next 2-3 months. Also, no one knows when the next pump will happen. It could happen at any time, and I don't want to be caught with my pants down...scrambling to rebuild a position, especially at this time of the year.

    I was actually going to buy a few more million at 1.5. But decided against it for a few reasons. 1) there wasn't a huge amount of volume going through at that level- we got a sniff, but it wasn't enough; 2) its xmas time of the year and the market always slows down and 3) I want cheaper shares.

    There's technical support around 0.8-1 cent range. Seems like a good place to top up and buy some more from my end. I'm not really in a rush. Maybe, I won't even top up at that level. I'll wait for a signal that the concept is working, before buying more shares. Haven't decided. But over my many years of investing, I don't quibble about a 10-30% drop in the share price.

    The company is building a business.

    It won't happen overnight.

    The market will do its own thing...I couldn't really care less. If this takes off, I'll make a fortune...even from my free oppies which are about to list. If it doesn't, big deal. I'll just have a crack at something else. But there's no point commenting every day on this stock, as what I've said in the past remains the same. There's no point flogging a dead horse. I don't get emotional with stocks. I either punt on them or I don't. In this case, given the technology and management team, there's a good chance the company could become a screaming success.

    We await.
 
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Last
4.3¢
Change
0.000(0.00%)
Mkt cap ! $4.511M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 100000 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 107715 2
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Last trade - 07.00am 30/07/2024 (20 minute delay) ?
FGL (ASX) Chart
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