I suppose i kind of agree with you, many had expectations that were out of touch with reality, that being said Alcoa have played hard ball and they wanting a lot better terms for them in this deal then they got, so yes there was a need for the inflated SP to drop back, maybe 20-25%, but have a look at the trading, this isn't panic selling, this is consistent downward pressure to manipulate, one thing I have always done is read everyone's opinions based on the information they provide, unfortunately there is a sea of rubbish on these threads now with only a small number of posts worth reading, its funny how many tossers come out of the closet when the share price falls, doesn't mater what stock they are always there revelling in the pain of others, anyway lets see where FYI stands in the sector in 2 years time and what other companies are still scrabbling around for finance, and do cap raise after cap raise as lenders wont touch them with a barge pole.
FYI Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
