Unlike Veecat unfortunately only a small percentage of my portfolio is in this stock although my purchase price was very low also.
I have a valuation of $4.76 although as Veecat points out, there are risks to Forge's profits (and this is why it is kept on a continually low P/E ratio.)
Risks to the upside are increased broker coverage and contract wins through their alliance with Clough.
Investors interested in FGE should also have a look at another service provider to the mining industry 'Resource Equipment Ltd' asx code RQL.
Best Wishes to everyone.
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