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First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.


GREY:FGBDF - Post by User

Bullboard Posts
Comment by stockwatch99on Aug 10, 2018 4:31pm
136 Views
Post# 28442789

RE:RE:RE:RE:RE:RE:Behind the scenes

RE:RE:RE:RE:RE:RE:Behind the scenesI'm afraid you will be very disappointed when trading gets resumed. You are talking about "0.20" and "0.23". This is 0.23 USD, I guess, thus being the virtual share price at the OTC. Not sure if you understand how OTC trading works, in comparison to the fully regulated stock market. Also, not sure if you understand FGD's status at the OTC at the moment, because OTC does not equal OTC, there are big differences, also in the way you can trade an OTC instrument depending on its level.

The one and only share price that counts is the one at the TSX.V. Trading is being halted for around 3 months now, the last official share price for FGD shares is 0.07 CAD. The next, meaningful value of your FGD shares you will see at the moment trading gets resumed at the TSX.V. Nothing will change that, no matter how often you continue to explain that your bank is currently showing your shares at 0.23USD (which I certainly believe), and no matter how deeply you want to believe that this is a real valuation or that potential good news are kind of driving this virtual share price. It is also not your bank defining this share price and you will not be able to sell your shares nowhere near that price, i.e. not at all until the trading halt has been lifted. Ask your bank, they will confirm.

Sorry for the bad news, but please don't kill the messenger, I don't define or control stock market dynamics.
Bullboard Posts