FGL 0.00% 1.5¢ frugl group limited

Ann: Quarterly Activities Report and Appendix 4C - Sept 2017, page-12

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  1. 12,651 Posts.
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    The first point to consider is the Wangle package and the ability of Wangle to integrate additional business models.
    Secondly, it is a low cost product to get to market and service
    Thirdly, it has a massive market, which is a repeat, repeat, repeat customer purchase businsess model. This means compounding revenue.
    Fourthly, it has an excellent leader in Sean.
    Money will easily be raised - that is not an issue. Debt and some dilution is nothing to be feared, it is part of building a global business. Companies raised hundreds of millions and carry debt in the millions, it goes with the terriotory. Provided it is well managed and the revenue stream begins to take hold, the company grows.

    There will be panic merchants with their $5,000 or whatever, will throw their hands in the air and focus at the mini picture. They will always exist.

    However there is a serious company being developed here and those with a little patience will be well rewarded
 
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