FGL

14.3%

1.6¢ frugl group limited

Ann: Dec 2017 Appendix 4D, Half-Year Report and Accounts, page-19

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Bhals6

16 Posts.

01/03/18

17:00

Post #: 31458340
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Originally posted by hoofa ↑

Have not sold a share.

When you stand back and look at this as a business model, all the elements are in place.

1. Excellent technology that is running smoothly

2. A first class product - Family Insites.

3. A global accessible market that where families are struggling with internet issues.

4. Already begun to create a market presence with quality posts on Facebook and Instgram.

5. An easy to access product and use

Now it needs to be remembered that the business model has only been running for 2 months when referencing the last report.
They do need to be prudent with expenditure until such time as they can attract a major player to integrate the technology into a major globla initiative.
If Fong has these connections then there is a strong possibility that this will happen

These type of tech companies can change in a hearbeat and trade up to 100 million shares in a day if the right news is released. This current trading is kids playing around with "frightened" money

Now imo management has the ball game at their feet. They have a global product to help fix a global issue along with other technologies to be integrated.

It is time for them to show they can do "substantial" deals with serious players.

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Well You're right about one thing, tech companies like this do take off once they gain traction. Tires are slipping in the mud though. I hope we see some positivity soon. To be honest I'm not worried, maybe I should be but I'm not. I'm confident WGL is heading in the right direction, slowly north but north. Share price is not a direct indication of company performance. What's that quote from Warren Buffet? Something about the stock market being a machine, transferring wealth from the impatient to the the patient?

WGL Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.6¢		Change 0.002(14.3%)		Mkt cap ! $1.740M

Open	High	Low	Value	Volume
1.4¢	1.6¢	1.4¢	$12.74K	815.8K

Buyers (Bids)

No.	Vol.	Price($)
1	439	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	125000	1

View Market Depth

No.	Vol.	Price($)
1	439	0.014
2	110000	0.013
6	831589	0.012
1	90000	0.011
3	400000	0.010

Price($)	Vol.	No.
0.015	125000	1
0.017	77000	1
0.018	81000	1
0.019	91000	1
0.020	88061	2

Last trade - 14.54pm 01/11/2024 (20 minute delay)

FGL (ASX) Chart

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