Ann: Forge to acquire CTEC , page-28

I think CLO was misinterpreted. Never poo-pooed taking on more stock at $5.60 - just needed more time to decide on what to do with their stake.

I believe that this was the article in question: http://au.news.yahoo.com/thewest/business/a/-/business/12475647/clough-sidesteps-inflated-forge-stake-deal/

In the acquisition announcement, the CTEC acquisition was described as a first step in a new growth strategy. Having only really laid out $16m with the rest funded by cashflow from the following years, I have a feeling there's more acquisitions to come given FGE's warchest.