fea enters voluntary administration, page-2

well....assuming Rewards (unlisted) has been rescued by new investors then it leaves TFC, WFL and ELD as players in the space. None of those three is going to drop within the next year but after that we dont know. I suspect GNS will leave the MIS space this year and not be a player from here on. At least for now all of the "shoes" have dropped but we have question marks down the road. A lot will depend on whether the industry can sell any product this year. Talking about $150m but need to see if they can really do that. As I speculate, FEA was pushed into administration so that a deal could be done with the GNS new plantation company they are trying to create.......watch this space.....