Dear moderator (thanks for pointing out the overuse of CAPS in previous post. Will refrain from doing so again).
Without any reference to anyone or to any previous posting, it was a serious of bullet points followed by a question for folks to ponder. CAP was used merely an emphasis.
The posting was to share with fellow Sundancers some highly relevant investment data that would resonate with anyone who wants to maintain an IO exposure after cashing out their pulped down Sundance shares.
In summary (without CAPS):
FMG shares rose 21% since August 27th
SDL bid price fell 21% since August 26th
Combined respective rise & fall resulting in nightmarish diminished value.
FMG shares rose 63% from the trough resulting to the spot price volatilty arising from Chinese unsustainable destocking.
IO spot price now at $150 tonne.
Hmmmmmm
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sdl shareholder value destruction amplified
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