Something will have triggered ANZ to pull the pin, another loss, losses announced growing in size, Roy hill underpriced..who knows, but something will have triggered it.
ANZ would support them as long as there was a reasonable chance of a turn around, ANZ wanted it's money back. Once it became apparent that wasn't happening, they pulled the rug out.
As for the pump pre admin, people speculating on a hi risk stock that it was getting bought out. Unfortunately they were wrong.
FGE Price at posting:
91.5¢ Sentiment: None Disclosure: Not Held
