FGL 0.00% 6.0¢ frugl group limited

Ann: Company Secures $500,000 R&D Rebate Loan Facility, page-7

  1. 12,392 Posts.
    lightbulb Created with Sketch. 1739
    Why is Walker now sniffing around this company?
    His organisation Cicero over the recent years, has had Directors on the board of Wangle/Family Insights and an executive running the admin, plus taking fees for office admin and consulting.
    During this period along with Sean Smith as CEO/Director, the company has been a commercial basket case. last financial year $17k in revenue after spending millions of shareholders dollars.
    Now another switch in focus.
    After allocating billions of shares with no commercial success, they then consolidate at 50:1 and start all over again.
    But the lot of them, have clearly demonstrated that they are ill equipped to take a technology and make it a viable commercial business.
    Shareholders have been given a shabby deal for years as they watch this train wreck lurch from one failed business model to the next.
    So what is Walkers motive for getting his fingers in the pie.
    This mob has sliced the value of existing shareholders.
    Walker and Smith are on the Board - do they now set the next move with “professional & sophisticated “ investors .
    Why is Walker buying shares in a company that has the revenue of a run down corner deli
    Plus Family Insights is now presenting a totally unproven concept with no indications of market value. Just another idea.
    Where is the transparency and clear road map ahead for the long suffering shareholders

    Where is the authenticity!!!!
    Last edited by hoofa: 18/08/19
 
watchlist Created with Sketch. Add FGL (ASX) to my watchlist
(20min delay)
Last
6.0¢
Change
0.000(0.00%)
Mkt cap ! $5.959M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 22000 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 6666 1
View Market Depth
Last trade - 16.12pm 03/05/2024 (20 minute delay) ?
FGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.