In many cases, not necessarily this one, but you can draw you...

In many cases, not necessarily this one, but you can draw you own conclusions, the actions of a bank re. its corporate clients are tantamount to insider dealing.

Give support publicly one day, take support away publicly next day, the letters P & D are often used to refer to this practice in the share market. Again any similarity to FGE's relationship with its prime banker is just a coincidence.

I do not hold so it doesn't affect me but what does affect me is how a $1 stock, a company that was very profitable only last year is suddenly not worth supporting by a major bank, which will make it harder to convince other major banks to step in.

In the old days syndicates were used, risk was shared and companies in difficulties were given assistance and support to recover.

In my opinion allowing behaviour like this to go on is like closing down all the hospitals and shooting people dead when they become ill.

EB