FGL 12.0% 2.2¢ frugl group limited

Ann: Shareholder Letter from the Chairman-WGL.AX, page-85

  1. 372 Posts.
    Munky,
    I wish I was experienced enough to have a game, I bought shares in the aftermath of the last ann, but after a nights sleep I realised "what am I waiting for, for this sp to go up". And sold just after open the following day. While fundamentals are important with spec stocks (of course harder to truly define without revenue), my opinion is that the sp of spec stocks ebb and flow almost purely on announcement sentiment. That being said I come to the same question as previously posted "What can wgl possibly announce that will stop this sp going down? "IMO I can't see any announcement that can halt this slide, at least in the short term.
    I will be sure to announce to the market when I do develop a game.... lol
    Skorz
 
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