FGE forge group limited

hillgrove nearing completion of financing, page-3

  1. 7,574 Posts.
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    Good run up to $4, I figure it may stop here and base for a while. Has run quite hard and now represent somewhat fair or fairer value.

    A big ann on Hillgrove, acquisition or strong profit guidance seem to be the main things that will drive the SP in the short term.

    I am still awaiting some broker coverage to emerge and am surprised brokers are not all over it by now but maybe CommSec has not updated it or we are not aware yet.

    I too should lighten my holding but I might just give it a touch more time, markets are also quite stable and some global turmoil could also shake things up soon.
 
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