FEA 0.00% 4.5¢ forest enterprises australia limited

Lordolean,Agree only GNS and WFL might survive.WFL has ~$120m...

  1. zwu
    2,452 Posts.
    lightbulb Created with Sketch. 9
    Lordolean,

    Agree only GNS and WFL might survive.

    WFL has ~$120m debt (by 31/12/2008) with $66m revenue, much better than FEA's ~$200m debt with $23m revenue.

    But WFL's $120m debt is also as 3-times big as its total market cap of $33m. The chance for it to survive would also be slim.

    Thus GNS looks like the only one to last.
 
watchlist Created with Sketch. Add FEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.