classic RTO prep. NED taking control, company gutted, founder kicked out / left. There’s no value in FGO- just bank account and the shell. I reckon there’s a reverse takeover in the works and FGO will breathe again - just as something very different. And us SH will be diluted, but hopefully with something that actually has legs and management more interested in driving growth than their next personal achievement award.
RTOs IMO aren’t a good thing - and I know FGO was one too - any decent asset can and will go in the front door.
that said, we can’t do much worse now lol.
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