the problem is that these parts are wedded to the rest of the crap ( power stations ) the problems here will likely exceed the worth of the good parts.
you want to see history, look at henry walker eltin. business still exists, but previous corporate structure does not. 1 bad job in indo caused the whole thing to collapase in an unholy mess. history to repeat perhaps ?
the fact anz were prepared to torch their potential cut price 13% of fge ( worth say $10m based on last price ) gives some insight into how deep the hole must be.
FGE Price at posting:
91.5¢ Sentiment: Sell Disclosure: Not Held
