FEA 0.00% 4.5¢ forest enterprises australia limited

FEA on the move - now sawmillers, page-2

  1. 10,605 Posts.
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    Hi stardust,

    well this move is right out of left-field. I hadn't even heard rumours. Not sure just what I think yet. Sawmilling can be a fickle game. But if they have the product AND the markets lined up (markets for both the timber and the by-products) which appears to be the case then it looks as though they might be on to something.

    I still only have the announcement in PDF or I would post it. It doesn't flesh out the details of how they are paying for this yet which I would like to see other thn to say via a mix of cash, debt and scrip.

    Cheers
 
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