I was resigned to losing a large chunk of cash many moons ago but always kept some belief that with so much going for it FER may just come good.
The sale of the business is very regretabble but as stated in the announcement perhaps something can be salvaged albeit a small part of the large hole in my pocket.
Can anyone provide some insight into the process here? If FER does find a buyer what is the likley price in such a situation, would it be at much of a premium to current SP? Do shareholders have right to retain share holding under new buyer?
Whatever way you look at it if you have been in from the start (like myself) its all hard to take in.
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