FGL 0.00% 1.8¢ frugl group limited

As I see all current retail investors like myself with the 50:1...

  1. 12,581 Posts.
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    As I see all current retail investors like myself with the 50:1 consolidation have done our cash - cold!

    They then raise cash via the allocation of millions of shares to private and sophisticated investors at a low entry point.

    These new sophisticated investors will control the share price in accordance to their profit requirements - with the retail investors that had their holdings diluted 50:1 just stand by and watch.

    The retail investors were the ones that helped keep the company afloat and now they become colleral damage again.

    Its a lousy game they play.

    imo
 
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