freshtel moves into erg / custodial building

Moving closer to the mothership. More cost cutting is a good thing but probably only really benefits Custodial.

ERG
121 High Street
Prahran VIC

Have a look around the web for ERG shareholder disputes and you will get a sense of what I was referring to earlier about delisting and possible asset sales, etc.


ERG Class Action, The Final Way to Recovery Lost.
http://au.messages.yahoo.com/finance/finance_stocktalk/112772/

Be sure to look up ERG here on HC, shareholders discuss the delisting of ERG and subsequent asset sales.

By any reading, Freshtel looks like it may go down a similar path very soon.

Holding shares in FRE is a very risky position to be in unfortunately.