Read today's west Australian newspaper (25 Jan 2014), FGE financial situation looks very precarious due to substantial cost overrun in two projects.
No one knows the bottom.
Overnight sharp fall in US market due to slowdown in China and Fed tapering couple of things to be considered.
Also, article in Bloomberg on shadow banking and debt problems in China and continuing fall of iron price may put many projects under scrutiny.
FGE SP may remain under severe pressure for some time to come.
Read today's west Australian newspaper (25 Jan 2014), FGE...
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