Considering contractors remain unpaid and a CR is on the cards, SP held up better than some may have expected. I've long given up trying to forecast anything re FGE. But this line did surprise me: • 'Domestic market conditions remain challenging, with increased cost and margin pressures". Other MS firms say cost pressures re labour etc have eased over past 6+months, but yes.... margins allround are being squeezed. Avoid imo. More predictable stuff elsewhere.
FGE Price at posting:
82.0¢ Sentiment: None Disclosure: Not Held