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I think it will but how much?Do FGE really need to sit on the...

  1. Veecat
    7,367 Posts.
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    27/08/13
    19:04
    Post #: 12251696
    I think it will but how much?

    Do FGE really need to sit on the cash they have?

    I would like a 30c div which is still only $25 mill in cash.

    They still then have ample cash to look into broadening operations and funding existing projects I believe.

    Cash in the bank also earning far less interest these days as well so isn't such a bad thing taking on a little debt later on if need be.

    A massive share buy back is still my preference overall and an absolute no brainer to lifting share price value if you ask me.
    FGE Price at posting: $5.26 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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