CLO FGE

Ann: Sale of Shareholding in Forge Group Limited , page-5

  1. powertool
    728 Posts.
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    25/03/13
    10:09
    Post #: 11581679
    re: Ann: CLO: Sale of Shareholding in Forge G... I would have thought Macquarie would want to maximise their investment by taking cash out of the business.

    FGE have room to pay a whopping special dividend from the cash researves only. If they (Macquarie) choose to gear up the business they can take a lot more out and still on sell for a profit.

    You have to hand it to Mcquarie, they know what they are doing.
    FGE Price at posting: $6.28 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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