re: Ann: CLO: Sale of Shareholding in Forge G...
I would have thought Macquarie would want to maximise their investment by taking cash out of the business.
FGE have room to pay a whopping special dividend from the cash researves only. If they (Macquarie) choose to gear up the business they can take a lot more out and still on sell for a profit.
You have to hand it to Mcquarie, they know what they are doing.
FGE Price at posting:
$6.28 Sentiment: LT Buy Disclosure: Held