FGL 0.00% 4.7¢ frugl group limited

Ann: Investor Presentation - WFI Video, page-23

  1. 792 Posts.
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    I bought this at the start of the year. That's pretty late when looking at all that's gone under the bridge for this company.

    Personally I find it hard to understand why people would be selling this stock at this point in time. Surely this is the moment to actually be in the stock (if you are already in) as it begins generating its first dollars of revenue. It's the point of the greatest share price potential (high risk & high reward).

    If WGL is successful then perhaps in a years time the opportunity will be significantly de-risked and a better entry point for "investors". For speculators though... this seems to me a good point to be in the stock to "see what happens" in the coming months.

    There are a number of aussie stocks in the tech/health space that are at this point in their development and I'm finding it quite fun (and volatile) to follow and be part of.
 
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