FGL 0.00% 2.2¢ frugl group limited

ann on monday, page-263

  1. 583 Posts.
    I would expect strong buying to follow regulatory approval/exemptions being granted but predict the SP will slip after the VIP launch until they go to market, much the same way the price slipped in those weeks following the positive announcements in February.

    Those that bought in the 2's this week should make some decent coin on an announcement next week of those approvals coming through which are necessary from my reading of "subject to" for the VIP launch by 1st May. I don't think those trading this were satisfied to take the 2.9c on offer yesterday for their shares, I wouldnt either, I think holding for that announcement next week will reward those that do.

    Beyond that I think the SP will behave the same way it did from February until the App is publicly released, as the only risk then will be that consumers don't actually like the product and pricing.
 
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3 1043 2.2¢
 

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Price($) Vol. No.
3.0¢ 133554 1
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