FEA forest enterprises australia limited
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all over red rover, page-57

  1. bezbox
    12 Posts.
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    16/04/10
    22:00
    Post #: 6585104
    OK. I just know this is going to be a stupid question but I will ask it anyway.

    Looking back through AFR records, FEA had an NTA of 71 cents per share just before it was suspended. Given this, how is it that shareholders would receive nothing back on winding up? Shouldn't there in theory be enough assets, even at firesale prices to get something back given the last price per share was 4.5 cents?
    FEA Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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