FGL
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0.00% 2.2¢ frugl group limited

Revenue $21K for the year - whilst spending $1,995,000 on an...

  1. hoofa
    12,574 Posts.
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    27/07/21
    09:17
    Post #: 54795620
    Revenue $21K for the year - whilst spending $1,995,000 on an app.

    Pet Food company seems to have disappeared into obscurity.

    Looks like a CR every 10 months of around $1m to pay the wages and consultants.

    Could do this for another 9 years before another share price consolidation and come up with another app.

    The culture of self-preservation seems entrenched.
    FGL Price at posting: 4.9¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.2¢ 2.2¢ 1.9¢ $3.143K 159.5K

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