EBIT will be lower than there stated 10 - 12m, page-41

  1. 2,614 Posts.
    FGE had a lot of warning signs for nearly 12 months that they where in a horrible position...instead of restructuring they battled on with already high debts and no profit whatsoever...

    TTN is a different kettle at present..they have little debt and reasonable profit still ...

    If they start making losses and debt grows then they would be in FGE position..but its a long way from that at present
 
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