No it's all about asset value (we hold same assets= crypto), Mcap and revenue potential. FGF and DCC are in the same league= Cryptocurrency and Blockchain
FGF should be valued at least 3 times higher than DCC now.
We have 5 times more asset value than DCC and our asset value is increasing.
Plus, our assets are revenue unlike DCC's small BTC holding.
Why FGF is only half of DCC Mcap now?
Should be valued at least 10c = 150M Mcap
DCC Mcap 55M at 11c, total asset value of 10M including cash in the bank.
(Was 200M Mcap, 800K cash flow positive)
VS
FGF mcap 27M at 1.8c
ACU 0.0184= FGF US$36.8M= AU$50.99M
+250K fee + 6.25% fee
Cash 8.025M
Investments 3.55M
HCash 900K fee
YPB ICO deal secured (could become another ACU)
Cryptodata Vault ICO deal secured + sales (could become another ACU, Sam Lee put US$2.1M)
Very low quarterly costs = 220K
Its been only 3month since new digital currency advisory business unit established = more to come
FGF should be 10c now (150M Mcap) considering its asset value and we are selling tokens now 24x7 and 15c when ACU listed on major exchanges = volume = money = revenue.
*also ACU/BTC pair= we are selling ACU for BTC= BTC price goes up= bonus
Plus successful YPB and Cryptodata valut(Sam Lee) ICOs expected too
IMO DYOR
- Forums
- ASX - By Stock
- ACU/USDT .0124 worth more than FGF = .017AUD
No it's all about asset value (we hold same assets= crypto),...
-
-
- There are more pages in this discussion • 571 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FGF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online