I suggested a couple of weeks ago that FGE looked like it was going the way of Fleetwood. The steady roll-over in the share price, followed by the big drop once the bad news was released.
I'd imagine the similarity will continue in the months ahead, with no real recovery in the share price of FGE, as has been the case with FWD.
Probably now a good trading stock, but the buy and hold types will likely need to be very, very patient individuals.
FGE Price at posting:
68.5¢ Sentiment: None Disclosure: Not Held
