The real hope for FEA is that Futuris (FCL) who are also a very...

The real hope for FEA is that Futuris (FCL) who are also a very significant shareholder will take out the balance to complement their existing ITC business.

FCL seem to have been content to accumulate via the creep provisions of the ASX rules so far rather than launch a full takeover and that is very much an Alan Newman strategy of containing the shareprice and picking up the crumbs as exhausted shareholders quit the register (all power to Newman - he taught his disciples well that which he himself learned from Holmes a'Court.)

As a result they employ patience which the average punter simply hasn't got to capture quality assets on the cheap.

Having said that - FCL have themselves got some funding and operational problems of their own so don't hold your breathe.