FGL 0.00% 4.7¢ frugl group limited

Wangle News, page-26

  1. 583 Posts.
    Thanks for the update Skittles. Let's hope the "update" on "the App and its progress" removes the uncertainty behind the failure to launch on their previously released "update".

    Until then watch the SP for guidance, the market is not pricing this on success in my view and there is always a reason for the movement and turnover of a SP without news to drive it either way. The market is never wrong, but some in the market are better informed then others.

    It would not take a lot on exposed buy side to collapse this completely. In my opinion if its pushed down below 3 cents, which is possible even on a neutral update next week, then some on here might understand why it's price today is what it is.

    We all like to say we buy the technology and don't look at the SP, but that is the fools way to wealth destruction. I invest to make money, not through some altruistic benevolence to a tech startup.
 
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