***poised to rally***
"...The Fosters (FGL) share price has moved sideways for the past four years. However, on the back of the Southcorp (SRP) acquisition it looks poised to break out of its current trading range. Management has acquired Southcorp in search of breakaway growth, however the market has thus far been indecisive regarding the acquisition. In the following report Macquarie identify the factors which are likely to drive share price performance over the short and medium term...."
Write-up from Macquarie d.23/06/05.
regards,
FGL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held