There is a difference between 'risk' and the inability of management to stick to a time line and provide shareholders with a consistent message. This company had no issues staying open for trading when releases were coming out about how great the app was and all the speed savings it would provide - they enjoyed subsequent SP appreciation on all these releases even though the application had not been released.
Now the time comes for real world tests which fail to live up to the hype and the SP nose dives - suddenly they are finding every excuse available to suspend trading? According to the drongos on this forum this stock should only trade when they decide arbitrarily that the application works perfectly and lives up to all the hype (PS. Never).
What happens when they want to release a new version after 0.1.5 - do they freeze the shares again until the new version? The lack of logic and critical thought here is astounding to say the least but I understand how powerful confirmation bias can be. No one wants to admit they are getting played.
- Forums
- ASX - By Stock
- FGL
- Ann: Extension of Voluntary Suspension
Ann: Extension of Voluntary Suspension, page-15
-
-
- There are more pages in this discussion • 106 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.740M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 200000 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 51841 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 200000 | 0.015 |
3 | 363142 | 0.014 |
1 | 230846 | 0.013 |
1 | 330000 | 0.012 |
2 | 135460 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 51841 | 2 |
0.017 | 77000 | 1 |
0.018 | 81000 | 1 |
0.020 | 76000 | 1 |
0.022 | 69000 | 1 |
Last trade - 16.12pm 18/10/2024 (20 minute delay) ? |
Featured News
FGL (ASX) Chart |
Day chart unavailable
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online