First Global Data Ltd FGBDF

Bizarre no but inexperience yes indeed !!

[exciting]

The resignation of the newly appointed CFO just proved the lack of competence of the  management board. They had proved in the past to be very good at getting deals after deals with such a good product as VPAYKIWK but in term of company management FGD had proved another time their inexperience so true to lots of startup company. The first mistake in my opinion was the offering of so many cheap warrants while the company is about to lift off last year. that alone kills all the momentum. So i was glad they are replacing the previous CFO but now with the hiring of a part time CFO and her resignation afterwards are unexcusably awkward. FGD needs to focus on just a few good payback deals instead of looking everywhere for deals that they cannot execute anyway because of lack of money or time. 140 millions of revenu with 90 millions of earnings is really a far streched dream. But the last AGM proved the company is taking the right step so just let's see how the execution will turn out in the future. If the revenue is growing from quarter to quarter then i still have faith on the company. The less i can say is actually my sentiment is rather mixed. Let's give them a couple of quarters more.