ASgree some of those relocation costs etc are questionable, but please answer me one question. Where is the money going to come from to pay out share holders. There is no money. Creditors and bankers and legal eagles will take their fist bite. Secondly yes there are some questionable transactions, but proving guilt is another matter, and it will be a long drawn out process.
Agree IMF are a winning bunch, but they are not doing this without reimbursment.
Importantly, all the aspects i mentioned, Carbon and mining tax, dificult competative resource industry, downturn in China, Union thuggery etc etc must be taken into account.
FGE Price at posting:
91.5¢ Sentiment: None Disclosure: Held