Announcement July 20
"Frugl Group provided the market with an update on business development and commercialisation activities and its retail data platform capability status. The Company has recently completed a comprehensive retail data project with Millell Pty (trading as Pet Circle), Australia's leading online Pet Supplies company. Following the successful completion of the project, the Company has been invited to submit a further project proposal to Pet Circle in respect of the possibility of ongoing commercial work. The Company is also currently involved in multiple tender processes with major Australian grocery retailers and associated category competitors for the provision of retail data."
These types of announcements just disappear into obscurity.
"the possibility of ongoing commercial work" - BUT THIS MANAGEMENT GROUP NEVER GETS PAID FOR ANYTHING. IT OPERATES LIKE A CHARITY.
The chairman of Frugl is the Chief Marketing Officer for Pet Circle - so they have not ventured too far with this exercise.
What has happened to all the MULTIPLE TENDER PROCESSESS WITH MAJOR AUSTRALIAN GROCERY RETAILERS AND ASSOCIATED COMPETITORS FOR THE PROVISION OF RETAIL DATA ?
THIS ANNOUNCEMENT WAS JULY 20. THERE HAS BEEN ONE NON MATERIAL ANNOUNCEMENT WITH METCASH for 12 MONTH TRIAL
So this is the fast track to shareholder value?
Announcement July 20 "Frugl Group provided the market with an...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $7.449M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $27.63K | 5.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3749990 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 199396 | 1 |
| Last trade - 16.10pm 22/04/2024 (20 minute delay) ? |
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