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0.5¢ frugl group limited

Why all the Doom and Gloom?, page-2

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kroehny17

1,105 Posts.

20/06/17

08:58

Post #: 25371060
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Originally posted by objames ↑

Im trying to work out why there is so much Negativity around this stock.

Since the launch of the commercial product, Wangle has been downloaded a total of 11,951 times by Android devices and 3,264 by Apple devices as of today's date. These numbers are going to increased with more marketing and the deal done the other day getting the product out to students.

If we take a conservative approach and say only 25% of those downloads turn into subscribers, that is almost $20,000 of revenue. In my books thats a great start for an app that has only been around for a very limited time (only 2 months).

With the expertise the current management hold, its hard to not see this growing massively over the next few month.

So cheer up all you doom and gloom people as the future of Wangle is looking bright!

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Surely a take up right of 25%would be too high, I think plenty of people like to download and try but when it comes to buy I'd be thinking a much lower number convert over to paying.

WGL Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.5¢		Change -0.001(16.7%)		Mkt cap ! $7.449M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
8	3749990	0.5¢

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Price($)	Vol.	No.
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