I picked up 100k after the plt merger was announced and FER fell sharply, since then and being a PLT holder i'm happy the merger failed.
You all say PLT is the coy with the problems of cash flow ect , I dissagree and have dumped my FER holdings due to the pending court action. luckily I made a small profit for my trouble.
FER needs some postive news fast and holders better hope that Veronica doesn't take everyone to the cleaners , alot is riding on that front.
And to say that PLT caused FER to fall so much is just plain dopey, where's the recovery since the deal is off?
FER Price at posting:
9.5¢ Sentiment: None Disclosure: Not Held