FGL 2.08% 4.9¢ frugl group limited

Imo wgl is at the stage of development and has been for last 2...

  1. 7,161 Posts.
    lightbulb Created with Sketch. 517
    Imo wgl is at the stage of development and has been for last 2 years of a tech startup in someone's shed with basically 0 revenue..

    You cannot understate how overvalued WGL is and was when it was pumped on to asx...

    @hoofa impairement of $2.7m on your post because that's the value they washed away on purchase of wgl..

    Imo it's a company worth $200-$500k max and shouldn't be on asx, nor should it be paying public listed fees and director wages..

    The cost to keep it afloat gets gobbled up each quarter... more marketing and people that come on board more $$$...
 
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