The $500 million forecasted revenue allows me to be very confident in FGE going forward.
I think some people may have also misinterpreted CLO buy back announcement believing they were doing a full sclae buy back and a takeover was off the cards. It was just to allow them to issue some options when read closer.
FGE just needs to focus on nailing down good halves and strong EPS along with new contract wins which seem likely.
All indicsations point to them having brought several expenses to account last half clearing the road for a number 6 months. Now is a good time to enter I feel and then wait for some better sentiment. DYOR
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