Sadly Opto your noble attempt to pump the gurgling FEA is the equivalent of promoting financial flatulence in a company which has overspent itself. What you claim to be a current report is about as old as me. $25m MIS sales this year (down from $116m last year) with a $200m+ debt and no other cash flow. If you think there is hope please tell us where it comes from yourself; rather resort to the Company blurb. The White elephant timber mill lost $4m+ last year yet you say it will now provide the cash flow to allow the company to survive. Apart from the $25m MIS income above there is no other real cash coming in the door this year, certainly not enough to service the $200m loan. The half share of the woodchip mill makes practically no contribution. They predict themselves they will make a loss last financial year of around $9m and you suggest they are on the road to riches. Opto the Optimist if you have the belief which you demonstrate I suggest you invest in FEA.
- Forums
- ASX - By Stock
- positive investment research
Sadly Opto your noble attempt to pump the gurgling FEA is the...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FEA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online