FGE forge group limited

lyn contract to go ahead?, page-7

  1. DSD
    15,975 Posts.
    lightbulb Created with Sketch. 69
    investor007. re LYC i reckon (and hope as a LYC shareholder) the FRIB will knock-back the chinese deal as it IS 'of national importance'IMO and LYC holders got short ended. This will knock 25% off FGE's revenue but in the end new cash will be found by LYC and FGE will get the go-ahead to finish the contract.
    re the 7c dividend. FGE have FY09 EPS of 20.4c. Surely 7c is not asking too much?
 
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