FEA 0.00% 4.5¢ forest enterprises australia limited

Ann: Financial Covenants , page-11

  1. 3,795 Posts.
    So very true ... there is NO WAY gns is going to want to do anything other than " sort though the crumbs " , there is nothing to take over . If I have 50 mil of assets , with 75 mil of Debt ..and Say WIWO at 15 mil ..Would you buy ..Of course not .

    MIS is a dirty word , and It matters little what else they have done ..hate to say , but as we know it ..Its all over for FEA in my view . At least with TIM and GTP , you had some great opportunity to make money along the way , as some of us have enjoyed .

    The IPO on this thing was $1 , It was near impossible unless your timing was impeccable to come out of this with an Earner ..

    Unfortunately , with many opportunities out there , dont hang on to this one hoping ..because you will finish crying ..dont waste time , the writing in on the wall .
 
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