Mookie, when a stock goes ex divvy it is common for all buyers and sellers to disappear and they slowly reappear once it finds it level. It will build over the next few days and also note volume was strong yesterday.
In regards to EPS being flat I would think those figures are outdated and the CommSec forecasts show no brokers are covering them. Hard to see how it can be less given they have work in hand equivalent to the entire revenue of last year already. Unless several large contracts were booked in advance.
FGE also have cash but you can also note on the books there sundry creditors outweigh debtors by 15 mill i think.
FGE Price at posting:
$1.01 Sentiment: Buy Disclosure: Held
