FGE 0.00% 91.5¢ forge group limited

Thanks to someone here on HC drawing my attention to FGE, I...

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  1. 1,469 Posts.
    Thanks to someone here on HC drawing my attention to FGE, I started buying on 1 Sept at 89 cents Even before todays stellar performance it has been a great ride.

    Soon as I had digested todays announcement, decided should increase my holding. It was a wild ride today but not one for the faint hearted. Thought the price was going to settle at $1.81, picked up a few, then the price started to run away despite my upping the offer. Ah well I'll have to see what tomorrow brings.

    BTW, my assessment of todays announcement is that FGE is being cautious and have understated its expectations.It certainly would have been critisised if they had not announced a profit upgrade but will not be critisised if in the near future it comes up with a further upgrade...hope you follow my meaning.
 
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