Ann: Sale of Shareholding in Forge Group Limited , page-5

  1. 690 Posts.
    lightbulb Created with Sketch. 33
    re: Ann: CLO: Sale of Shareholding in Forge G... I would have thought Macquarie would want to maximise their investment by taking cash out of the business.

    FGE have room to pay a whopping special dividend from the cash researves only. If they (Macquarie) choose to gear up the business they can take a lot more out and still on sell for a profit.

    You have to hand it to Mcquarie, they know what they are doing.
 
watchlist Created with Sketch. Add CLO (ASX) to my watchlist

Currently unlisted public company.

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