THE FORGE GROUP LTD SUMMARY In 2012-2013, Forge Group Limited had more than 2,000 employees working across
Question:
THE FORGE GROUP LTD SUMMARY In 2012-2013, Forge Group Limited had more than 2,000 employees working across eight countries on four continents. The pride in the growth story is evident, as Forge Group’s 2012 Annual Report (released in September 2013) lists accomplishments in what is described as a groundbreaking year. The main milestones give a snapshot of the types of projects the company was involved in (see Figure 1). At the time of listing (June 26, 2007), Forge Group Ltd (FGL) shares traded for $0.56. (All monetary amounts discussed herein are in Australian dollars. To convert to another currency, visit www.x-rates.com.) The shares peaked at $6.98 on March 6, 2013, valuing the company at $600 million. In less than a year, FGL was placed in a trading halt (February 11, 2014). Voluntary administrators and receivers were appointed.
A. Background on Company
B. Define the problem
C. Present case facts and information; limitations and constraints
D. Present financial management approaches to solving the problem
E. Overall Conclusion / Recommendation
F. Approximately credit resources used in the submission, include references
Expert Answer:
A Background on Company Forge Group Limited FGL is an Australianbased public company that specializes in engineering construction and maintenance services in the power mining oil and gas sectors The c... View the full answer
