fgl share price - post intergration
Once SRP is gone the FGL boys can GUT the management and screw 120 Million plus from SRP - what will the fgl price be once srp is gone - ?
a reweight on both an index and ord share price must be on the way as FGL paid cash not equity and has efectively trippled its BBW wine divison.
My view is $5.30 FGL = SRP real value est $3.20
FGL by end of 2005
around $ 8 - 8.50 with a debt repayment focus.
same divy as 2004 no rise as fgl repays srp.
- watch the SRP moneies flood into FGL as well. -
singas
( read the red - not an offer for investment.)
FGL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held