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28/02/18

11:51

Post #: 31410508
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Originally posted by growler1969 ↑

you have all been "Lekkassed". This stock, imo, is following exactly the same patterns as another Lekkas stock.

1. Same T20 as RYG pre-XPE
2. out of the money options then get in the money based on "news flow" triggering conversion.
3. Punter convert oppies
4. May punters dump heads post conversion or to pay for conversion
5. Company goes for more CR despite the influx of oppies money
6. Directors remuneration increases to reflect the increased cash position.

Side note 1:
Got to laugh at some of the pumping going on here. 1 frequent poster was bullish on FGF's crypto play as Bitcoin was racing to USD20k. When Bitcoin plummeted, same poster was adamant that FGF is blockchain and blockchain is not crypto. Bitcoin bounces off the low, same poster now back on the FGF is crypto path.

If you stand for nothing, you fall for anything.

Side note 2:
Blockchain specialises in blockchain investments and yet, it has invested in a company without any blockchain expertise. How does FGF get blockchain expertise? By bringing on a body from a BCG investee company. Check out the management team in the Chinese BCG investee company. If you dig deep enough, you will see gaps and revisions in the resumes of the company heads.

Answer me this... Why would BCG provide a greater % of the cash balance for new acquisitions but have less equity than if they made the investments straight out themselves with their own cash and own expertise?

Expand

Do yourself (and us) a favour and go read Megagenes post.

https://hotcopper.com.au/threads/blockchain-partnership.4049764/

I am guessing you are another person who got burnt by buying at the peak and you're still salty about it. We all have losses in trading, take it as a lesson and move on.

FGF Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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