FGE 0.00% 91.5¢ forge group limited

fy2014 earnings guidance and company update, page-60

  1. 327 Posts.
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    The share price ride of FGE ......

    Closing prices
    03/09/2013 - $5.83
    21/10/2013 - $5.04
    01/11/2013 - $4.18
    28/11/2013 - $0.69
    10/12/2013 - $0.48
    31/12/2013 - $1.74
    08/01/2014 - $1.11
    20/01/2014 - $1.01
    23/01/2014 - $0.90
    29/01/2014 - $0.82
    30/01/2014 - $0.68

    today - maybe a close at around $0.62

    At this SP level it will be hard for FGE to raise worthwhile capital. It is going to be a very interesting ride. Unless ANZ 'sticks closer than a brother', then FGE may not survive (IMO) without some major surgery, such as selling off a few of the family jewels.

    I got out at 94.5c earlier this month and took a loss.

    DYOR carefully.
 
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Currently unlisted public company.

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