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.
FSG Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
