Hi sleath,Spot on my friend. I could not have said it any...

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FShannon

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30/04/21

17:55

Post #: 52855797
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Originally posted by sleath: ↑

Great post vcxy this is exactly how many holders feel. We all need to remember this when voting time comes at the AGM, holders need to send a very clear message that WG is doing a disservice to FGR holders. Personally I would love to see him disappear from this company, I'm tired of his broken promise, false claims and total lake of charisma when discussing FGR publicly. I believe he and the recently departed directors is the sole reason for our abysmal SP, ongoing credit raises and likely options exercise fail.

Almost every other company is the same or similar area to FGR have seen incredible gains over the past 6 months with very little or insignificant news, this tells me that the market does not trust FGR to deliver on it's promises and sees no immediate future. Mike might turn the tables in the future, but how far away is that? Big changes and new contacts take time and we will likely not see Mikes work take effect until later this year.

At this point I would welcome a take over from Guerda, they seem like a company that gets things done and follows through with what they say. I'd be happy to offload my shares at a reasonable premium and be done with this stock.

FGR Feels like a company with so much wasted potential and its a direct result of the overhype under deliver that WG has bought to the table for the past couple of years.

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Hi sleath,

Spot on my friend. I could not have said it any better. We are definitely on the same page, as is @vcxy.

When they got rid of the old management team, sadly, they stopped one short, and we know who that is. I think it was recognised for quite some time by many of us, just how ineffectual the old brigade was, and it was this holding FGR back. Obviously, someone with some power within FGR, saw the writing on the wall and influenced the decision to cut the old stock - minus one.

In my mind, WG offers nothing from what I can see. As a presenter he is as boring as Bat Sh1t, actually more so. Why he still operates as one of FGR’s front men really bothers me. How he escaped the scalpel surprises me. I agree with you, he does far more harm than good.

Mike gives me some confidence and I think he is very much on the right track, but I fear he will be hampered by WG with his unhealthy influence.

FGR Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
9 Upvote

3 Great analysis

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