FGE forge group limited

hillgrove nearing completion of financing, page-7

  1. 3,092 Posts.
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    Unlike Veecat unfortunately only a small percentage of my portfolio is in this stock although my purchase price was very low also.

    I have a valuation of $4.76 although as Veecat points out, there are risks to Forge's profits (and this is why it is kept on a continually low P/E ratio.)

    Risks to the upside are increased broker coverage and contract wins through their alliance with Clough.

    Investors interested in FGE should also have a look at another service provider to the mining industry 'Resource Equipment Ltd' asx code RQL.

    Best Wishes to everyone.


 
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Currently unlisted public company.

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