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2.17% 4.7¢ frugl group limited

Ann: Wangle Investor Roadshow Presentation, page-19

  1. Gerrado
    7,010 Posts.
    lightbulb Created with Sketch. 1372
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    09/03/18
    11:56
    Post #: 31644527
    Interesting possibilty.

    But if this was the case, wouldnt you think they'd just do a larger placement? $500k isnt much...

    Argument last time to do placement over offering shares to holders was it that it was faster and cheaper.

    Looks to me this is once again a last resort, where there are no better options. (Perception only - not fact)
    WGL Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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