FGL 11.7% 6.7¢ frugl group limited

Insiders like Walker and private companies hold 55% of the...

  1. 12,392 Posts.
    lightbulb Created with Sketch. 1739
    Insiders like Walker and private companies hold 55% of the shares.

    It will be in their interest to get some traction with this latest effort - although they have got the shares for peanuts.

    Plus Walker and Ciceo got paid on the way through with fees/consultancy/administration.

    Anything would be an improvement from the era when Cicero provided directors/administration, Walker/Wild/Smith as the board, Smith as the CEO - and to watch millions wasted as business models collapsed one after the other along with massive consolidations.

    The original Frugl board then managed to take the consolidation from approx 100 million approx shares to over 1 billion in a very short space of time and send the share price to its knees. Worthless.

    ....and it was all within the system - and "they" call it business.

    I know what I call it.

    Maybe Kenny can give this listing a heartbeat




 
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