a genuinely sad day for all investors... if you don't feel for those who have lost some money on FGE then it's probably time you had a look at yourself in the mirror.
but even more so... I feel for the employees and contractors working for FGE that face uncertainty tonight.
I'd think that most investors aren't relying on investment returns to pay the mortgage and feed the family (with respect to traders). that's not the case for those drawing a wage or contractor payments from FGE. today's announcement has a whole other meaning for them. hopefully most will get a chance to see out their contracts and have time to plan for the future.
I don't feel much for those who can't be arsed getting a job... but surely hope there are appropriate processes in place for the government to support employees and contractors who have the rug pulled from under them.
and if someone is found to have acted improperly along the way.. that they are brought to account.
all the best to those facing adversity today... whatever your individual circumstance may be.
and I sure hope you pick a ten bagger real soon!
FGE Price at posting:
91.5¢ Sentiment: Buy Disclosure: Held
