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3,423 Posts.
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30/01/14
10:35
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Hi Baraka
Their half yearly accounts will be interesting to look at, especially the 'loss' and the ratio of 'debt to equity'.
Your estimate of the full year loss of ($180m) seems reasonable.
D&A and Finance costs could be more than in FY 2013 and they were a significant amount then:
FY2013:
D&A $21.4m
Finance costs: $4.8m
FGE obviously need ANZ's support but with these latest downgrades will it matter ? Very sad for long term holders.
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