who has sent in their cheque?, page-15

The market hates uncertainty, and this Dubai news was out of left field. It hit a market already a bit tired.

But there will be plenty of clues of how bad it will be, especially the $US, and gold.

Nothing has changed for FMS except the wind. A bit of a southerly buster has hit...

FMS has a history of scraping in with its cap raising issues. Last time it was the 10ø options that just held their ground, which brought in $11m of free money for the company. No dilution at all, and no problems.

I suspect that most have already lodged their $$ for this issue so even if the price now drops below 13, the company will still be home and hosed.

Nothing ever goes in a straight line, and this bit of a wobble on the Richter Scale is healthy.