FEA forest enterprises australia limited

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

  1. zwu
    2,454 Posts.
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    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.
 
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