FEA
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0.00% 4.5¢ forest enterprises australia limited

Book-end quotes from the latest ASX update:"Discussions with our...

  1. gunnindi
    109 Posts.
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    23/03/10
    16:27
    Post #: 6486689
    Book-end quotes from the latest ASX update:

    "Discussions with our financiers continue as we progress asset sales and discussions
    with potential equity investors, both of which understandably require time and
    WORKING CAPITAL." (my emphasis)

    I believe it is important that our Shareholders, the market and our forestry investors
    are aware that, although FEAs securities are suspended, our DAY-TO-DAY OPERATIONS ARE CONTINUING." (my emphasis)

    Am I missing something or is FEA trading without working capital? If so, how does that work?
    FEA Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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