FGL 4.44% 4.3¢ frugl group limited

Capital raise?, page-4

  1. 2,454 Posts.
    lightbulb Created with Sketch. 68
    Raising 100 million shares from sophisticated shareholders at 1.4 cents, plus an unlisted option for every share held at 25 cents to expire 31 August next year. Company must be pretty confident about near term growth given the strike price.

    Raising $1.4 million.

    Use of funds: To secure Wangle Technologies product rollout and drive sales through marketing strategies

    Looks good, I'm in for sure. Anyone got a video on how this works?
 
watchlist Created with Sketch. Add FGL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.