Jaaa - interesting about the last two months of the year for cashflow. (will anybody want to take up an MIS from FEA?) That is not so far away! Also there is a HK investment fund with deep pockets who recently took up a big position with their underwriting of the SPP etc. If this value is there - we may see some of our (not sure how much if any) equity eroded in another capital raising, but still have liquid shares with some value in them. The more excess capital the better for getting the next MIS away.
Anyway - am looking forward to finally getting the accounts for the most recent half year.
No point being unduly pessimistic until the accounts come out.
FEA Price at posting:
4.5¢ Sentiment: None Disclosure: Held