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05/03/18
15:19
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Originally posted by ddzx
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imo, at least for me, the manner in which FGF went into Trading Halt and then announced the withdrawal of BCG from the underwriting agreement was not clear to me; particularly given they included in the prospectus the underwriting fee shares
for my personal clarity, i would have preferred it to have been clearly headlined that BCG had "Withdrawn" from the underwriting agreement
personally, i am not happy
the only reason i invested in FGF was because of BCG's commitment of around $5M
undiluted, the BCG share of FGF is 9.1% and fully diluted, including performance shares & options, the BCG share of FGF amounts to 16.3%
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FGF now appears to be a smaller crypo/blockchain play than first expected, glad I got out at 2.5c I think DCC is the better long term investment now...