And for those investors out there who are feeling a little naive for thinking FGE was a reasonable investment, you are in good company.
Post the annual result both Citi and CIMB had Buy/Outperform recommendations and Macquarie had a Neutral recommendation on FGE. The average share price target from those three institutions was $6.06. Investment Bankers may be optimists, but they are not complete mugs.
at what level can we expect the cap raise?, page-128
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