FGE 0.00% 91.5¢ forge group limited

trading halt, page-17

  1. 10,373 Posts.
    lightbulb Created with Sketch. 4
    On re-reading their press release of 28th November it is difficult to see how anything positive could have occurred over the past 6 weeks?

    The fact ANZ increased their facilities by $11mio was arguably a somewhat strange event if things were as dire as the ASX announcement reads.

    Then again perhaps the facility increase was only a short term emergency life-line pending a capital raising?

    After all, the trading halt request does say "material update on the financial position of Forge"

    Good luck to the holders
 
watchlist Created with Sketch. Add FGE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.