A good lesson in risk management for all of us. Superficially FGE had a good balance sheet - we now see the equity base was too small to fund and protect against risk a project pipeline of $1B plus. Something I overlooked but fortunately I managed to get out early (good luck only).
Sensible diversification in our investments is necessary for all of us.
For those who have lost money the loss is a tax asset against your gains elsewhere and this will assist you rebuilding.
FGE Price at posting:
$4.18 Sentiment: Sell Disclosure: Not Held