FGL 4.44% 4.3¢ frugl group limited

Ann: Wangle Investor Roadshow Presentation, page-19

  1. 7,045 Posts.
    lightbulb Created with Sketch. 1384
    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)
 
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