GTP had real assets and a real income stream, for most of the GFC nadir that were trading at significant discounts to NTA.
FEA is almost certainly gone. What I cant stand about these companies is how they announce messages to the public that suggests discussions are favourable. Surely the banks would indicate things are not during their discussions.
The last announcement is quite clear imo - are their any options other than administration.
I guess with this one it wasn't looking good for a while and there was lots of discussion about the chance of it going under, so cant see this one is out of left field
FEA Price at posting:
4.5¢ Sentiment: Sell Disclosure: Not Held