It's easy to go on ad nauseum about Ponzi schemes and MIS punters. I think damage control is now more important for investors. This isn't the first time that investors have been taken to the cleaners and it won't be the last,especially where MIS schemes(read scams)are involved. For investors this is a huge blow,particularly those who have their Super at stake. It's hard to believe that approx 18 months ago analysts were recommending FEA as a buy. It's also hard to believe that the company issued a(albeit meager)dividend not so long ago. It's never good look when a company can't successfully manage its finances. But hell, the trees are still in the ground!
FEA Price at posting:
4.5¢ Sentiment: None Disclosure: Held