FGF 0.00% 18.0¢ first growth funds limited

Ann: Company Update, page-5

  1. 3,488 Posts.
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    Great update, this company is more exciting than I released. Quite a bit of news flow to come in 2018, it should be a good year of growth and establishment for FGF.

    This bit indicated to me that no CR will happen in the near future:

    Cash and Shareholdings
    The Company currently holds $1.39m in available cash. As indicated earlier FGF retains $700k of early stage investment in convertible notes between Pearl Global and Cloud Lumen both awaiting ASX listing. The company anticipates exciting returns on these investments, in particular Cloud Lumen where it will hold approximately 18.5% of the company post completion of IPO. FGF has also been a long term large shareholder in FYI Resources (FYI.ASX). Supporting FYI from a placement in 2016 and currently holding 2.5m ordinary shares.
    Last edited by PinkDiamonds: 11/01/18
  2. 267 Posts.
    lightbulb Created with Sketch. 1
    Absolutely, direction of company confirmed to shareholders and justifies the run we had in the last couple of months.  

    This one is a very exciting stock to hold.  

    It could go ballistic and in a very short time.
 
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Currently unlisted public company.

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