LCG 0.00% 6.0¢ living cities development group limited

Yes folks, thankyou all. I have recently returned from a 12...

  1. 716 Posts.
    Yes folks, thankyou all. I have recently returned from a 12 month overseas holiday. I did not follow the sharemarket at all. Enjoyed the good life, so to speak, and I can tell you - it was fantastic.

    To my surprise I have returned to see the sharemarket down some 40%. Who would have thought? Not me. But one thing that surprised me even more was the share price of FWL. Currently at 8.8c.

    Yes - 8.8c. Is there anyone alive out there?

    For FWL to reach the lofty heights of 2007's 95c - well - what can you say? Does anyone here think FWL will be a 10-bagger?........the room goes quiet.

    And I hear you all scream..."But it's pig iron, but it's a takeover target, but it's undervalued, but the shareprice should be over $50".

    So tell me folks, if I were an investor, who's just come back from holiday and knows nothing about this company (and has plenty of money to boot), why would FWL be worth throwing a buck or two at?
 
watchlist Created with Sketch. Add LCG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.