FGL 0.00% 1.4¢ frugl group limited

FGL in box seat - SRP is tanking - look for either a final offer...

  1. 2,961 Posts.
    FGL in box seat - SRP is tanking - look for either a final offer by FGL and or a REDUCTION IN BID PRICE to around 13 times earnings - its better infact if FGL does not acquire SRP for the FGL share price as SRP is losing market share all over the shop.

    FGL brewing and BBW are finally finally firing at the same time - this could see a $7 price for FGL as it eats Lions domestic and NZ market share and hammers SRP if the bid falls.

    it should all be over by mid may.

    singas

    ( i have FGL shares - and i liked the fact that they were $6.30 prior to the tilt at SRP)
 
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