Forest Enterprise Australia (FEA) Update | 14 April 2010
Yesterday, FEA released an ASX statement advising that the FEA board have decided to place the company into Voluntary Administration. A copy of the statement which outline the reasons can be accessed by clicking here
At this stage we do not have any additional detail other than what is contained in the statement. The precise effect of this action on your investment is unknown at this stage.
We will continue to monitor the situation and inform you as further information comes to hand and we obtain a clearer picture of your position.
Should you have any queries, please do not hesitate to call Ashley or Rene on 5504 1100.
Ashley Quinton
Senior Consultant
Alchemy Financial Services
Alchemy Pty Ltd
Suite 9, Pegasus Centre, 42 Bundall Road
(PO Box 7255, GCMC)
BUNDALL QLD 4217
Ph: 07 5504 1100 Fax: 07 5538 0559
Authorised Representative
Professional Investment Services Pty Ltd AFS No. 234951
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