ATL is in: rock bottom or the boot?, page-15

First 15 Last

Share
Profile

Follow
jocko

3,789 Posts.

732

14/03/25

12:01

Post #: 78265518
Share

Originally posted by MichaelSA ↑

I think they have completely ducked up the Rebirth - The Name Change - The Acquisitions - it could have been such a beautiful go forward plan for the old Frugal when they rebranded to Infocus Group Holdings.

Kenny Woo and insiders should have recapitalized the company, insiders could have invested heavily post consolidation - Kenny should have cut his salary of $260k per year down to a more modest amount in line with a minnow cap company or even stood down completely and let the board construct a solid company for future growth and his large shareholding should have sufficed for him to have done really well. Why does a company this size need a Managing Director of the Parent company, 2 Managing Directors of the subsidarys, a CEO and more non executive directors? It seems to be such a top heavy shambles which is costing the entity a lot of unnecessary money in executive costs.

Onify and Prodigy 9 look to be stable companies in their own right but they are now saddled with so much baggage and large overhead costs.

Just months into the rebirth it is now saddled with the baggage of such a bad reputation and i cant really see the market trusting it again.

Think about it, old Frugal presentations can be seen on Youtube when it was still capitalized at $17 million even though it appeared them to be heading for insolvency. The rebirth should have given it a fresh start and another chance from the market yet the market cap has barely ever got much above $3 million. When they had light scrip on issue (100 million shares on rebirth) this really should have been able to get up and past 10c per share if it was run right. Now scrip has already doubled and funds are burning fast - i think it looks like its going to be raising, raising, raising and back to a billion shares on issue in the blink of an eye.

IMHO Greed is going to see this carcus rot in the dust.

Expand

Inverted...

Why?

Who benefits?

IFG Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

RC1

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

THL

Today's top gainer stock isn't an energy player. Here's what's going on

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 15 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $1.517M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$3.91K	655.9K

Buyers (Bids)

No.	Vol.	Price($)
20	9781433	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	591198	4

View Market Depth

No.	Vol.	Price($)
20	9781433	0.005
16	9021879	0.004
3	3795000	0.003
3	11000000	0.002
1	1600000	0.001

Price($)	Vol.	No.
0.006	591198	4
0.007	3115054	13
0.008	4783962	11
0.009	1938432	5
0.010	1722625	4

Last trade - 14.11pm 16/06/2025 (20 minute delay)

IFG (ASX) Chart

ATL is in: rock bottom or the boot?, page-15

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

This stock is crafting a cure for Huntington's – and it's making progress

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

Today's top gainer stock isn't an energy player. Here's what's going on

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

ATL is in: rock bottom or the boot?, page-15

Top Stories

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

This stock is crafting a cure for Huntington's – and it's making progress

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

Today's top gainer stock isn't an energy player. Here's what's going on

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News