I agree.
I'm expecting FGF to trade between 8c & 12c on completion of the DD.
I can't see BCG selling many of the shares that are not in escrow either as I imagine they would prefer to keep a decent % so I imagine investors/traders waiting for a pull back on completion of the placement will be disappointed. If they do sell it well likely be into a strong ANN which will churn through them like butter anyways.
Also imo the Bitcoin Price is being manipulated and controlled to range between $13 - $14,000 US at the moment which gives an indication of what the big money is doing so volatility in the sector is a bit calmer which should see a fairly smooth ride for FGF over the coming 6 months.
Blockchain Global Ltd having large Mining Factories in China is the only concern I have when it comes to BCG performance but I'm sure they already have a work around.
Unless the sector gets a massive slap down by regulators then there is only one way FGF is going and that's north.
All speculation and just my opinion.
imo, dyor, only invest what you can afford to lose
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