FGF 0.00% 18.0¢ first growth funds limited

I don't think FGF is going to unload all ACU tokens as soon as...

  1. 1,024 Posts.
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    I don't think FGF is going to unload all ACU tokens as soon as possible 24x7, my understanding is that supply will be done strategically = limit the supply in order to protect & increase the token value = tranche 1 in 2018 and 2 in 2019.

    say 1/3 in 2018 and 2/3 in 2019;
    around 700M ACU supply between end of Aug~Dec 2018 = 4 months = 120 days= 5.8M daily

    around 1.3B ACU supply between Jan ~ July 2019 = 7 months =280 days= 4.6M daily

    However;
    *since ACU/BTC launched last week daily average ACU volume is 55M (AU$1.2M worth)
    ACU/USDT= 10M x 0.015= US$150,000
    ACU/BTC= 45M x 0.0000025BTC= 112.5 BTC x $6,500= US$731,250

    55M
    daily volume ….. I think FGF is supplying good volume to the market now as demand is good which they didn't expect from the brand new BTCEXA
    .

    or FGF (2B) and Acudeen(2B) both supply tokens to the market strategically = 5.8M each = around 12M or more each day

    and regarding the 12 month lock-up period … I think this is for all ICO tokens ( + free tokens)

    Anyways,
    big volume needed to be supplied to the market ( to the new exchanges) when ACU gets listed on other exchanges too.


    if both FGF and Acudeen are selling tokens together now= we get $250K+6.25% fees on Acudeen volume
    = fantastic!


    Assuming we supply 700M ACU tokens avg at 1c= US$7M revenue = around AU$10M revenue by end of this year. ( really depends on ACU price, currently 1.6c)

    10M revenue this year( could become 15M, ACU now 1.6c) = FGF SP will be 10c+ ?
    upside:
    70% remaining token value
    , fees, Hcash 900K, YPB, CryptoData Vault and 3.5M current investments and more deal to come ?

    50M ACU daily volume from brand new exchange... amazing. who supplies the volume?

    All ACU tokens are locked for 12 month... except … ..

    a11.jpg

    Forget the above,
    Our asset value (potential revenue) is 60M+ and increasing … plus upside potential of YPB, Cryptodata Vault , Hcash and other investments  = all for 28M Mcap  Vs DCC 50M Mcap with 10M asset value...
    = should be valued FGF 150M Vs DCC 50M = enough reason for me to keep

    a123.jpg



    IMO DYOR
    Last edited by BlueSkyOne: 17/09/18
 
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