FGE forge group limited

at what level can we expect the cap raise?, page-122

  1. 727 Posts.
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    A good lesson in risk management for all of us. Superficially FGE had a good balance sheet - we now see the equity base was too small to fund and protect against risk a project pipeline of $1B plus. Something I overlooked but fortunately I managed to get out early (good luck only).

    Sensible diversification in our investments is necessary for all of us.

    For those who have lost money the loss is a tax asset against your gains elsewhere and this will assist you rebuilding.
 
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