FGE
Click for more information
0.00% 91.5¢ forge group limited

Read today's west Australian newspaper (25 Jan 2014), FGE...

  1. StarPlus
    1,069 Posts.
    lightbulb Created with Sketch. 34
    clock Created with Sketch.
    25/01/14
    19:24
    Post #: 12853988
    Read today's west Australian newspaper (25 Jan 2014), FGE financial situation looks very precarious due to substantial cost overrun in two projects.

    No one knows the bottom.

    Overnight sharp fall in US market due to slowdown in China and Fed tapering couple of things to be considered.

    Also, article in Bloomberg on shadow banking and debt problems in China and continuing fall of iron price may put many projects under scrutiny.

    FGE SP may remain under severe pressure for some time to come.
    FGE Price at posting: 90.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add FGE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.