FGF 0.00% 18.0¢ first growth funds limited

yes, I understand we don't want to share personal info on here....

  1. 1,024 Posts.
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    yes, I understand we don't want to share personal info on here.

    I just wanted to share my research with you but seems bit hard.
    anyways, you probably have done a lot more research than me so.. should be same as yours.

    my research tells me,

    1. FGF could sell all tokens by July 2019 if they want to exit before 12 month lock up end ( ICO tokens) - all tokens are locked up except FGF's and Acudeen's.

    just need to sell around 6M ACU tokens daily = not a big issue considering BTCEXA volume and upcoming listing on other exchanges (hopefully big one) , not just one=multiple.

    or FGF can hold longer and sell anytime.. either way= revenue

    ACU was top 4 ICOs out of 624, should do really well= I think FGF could sell all tokens at average 1.5c = AU$43M revenue
    https://icoformula.com/acudeen

    I heard they normally use bots to distribute tokens just like what brokers/intos do in the stock market.

    and the most important question is ..

    is FGF overvalued at 1.7c ( 24M Mcap) or undervalued?

    each to their own.


    Good Luck.
    DYOR
    Last edited by BlueSkyOne: 22/09/18
 
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Currently unlisted public company.

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