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12.5% 1.8¢ frugl group limited

5 Days and counting, page-37

  1. Jacqfr0st
    1,649 Posts.
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    11/06/16
    06:38
    Post #: 18012055
    Just a few questions from someone who just stumbled upon this company:

    1. Is there a projection for earnings?
    2. It appears the app is about saving data and increasing performance. Is this not already available through Opera Max which is free?
    3. Is this aimed at countries that have expensive download fees?
    4. Market cap is 40 million. What do earnings need to be to justify this market cap?

    I have no idea. Not ramping. Just an app developer that noticed ASX investment on an app and wondering about how solid this investment is.

    Forgive my ignorance in advance.
    P.s I have zero intentions for this share and will not acquire at any stage.
    Last edited by Jacqfr0st: 11/06/16
    WGL Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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