We are all (well most) on the same page at the end of the day, want transparent and honest information and effective supervision by the ASX. Will never work though when people only want this to occur when s/p goes down. Only wants facts when prices go down. Only care about forum members history when they make negative comments.
What is making people angry now same factors as what made me angry when over priced. New members en masse around same time, multi nics, unsubstantiated claims, obvious trader manipulation etc etc.
I think it must be obvious to everyone now FMS has not moved along the same avenues as market forces. The conceptual target and vague announcements by FMS making fine fodder for anyone that wanted to attempt to influence the price either way.
I think it best if people do make complaint to ASIC instead of tearing each other apart in the forum. That will not make for a better market in the future. If you feel strongly write to them and provide some documented facts to support your complaint.
I do not care even if you use me as a scapegoat though I will disclose I have done nothing to profit from FMS and have not held since November last year so perhaps not a good example.
Good luck, FMS may prove something up, though very high risk, cannot comment as it simply is not known, only that the few indicators are not great as of now.Still to date there has been players on this and I feel maybe better addressed by appropiate authorities.
FMS Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
