Remembering that SD average includes the rights issue at 7.75, IMO and from studying his dealing history he will definitely not undersell. The doomsdayers always emerge when the price settles from an overbought situation, I remember FMG as one of many examples of this, personally I think it is in an oversold situation [IMO]. When the markets crashed last year it was the end of civilisation for many on HC. The fundamentals remain the same - its a major 'energy' discovery; I honestly think the T/O bid will be a deal with Polo then a T/O of Kalahari - more than likely Rio with Chinalco. My opinion only.
EXT Price at posting:
$7.11 Sentiment: Buy Disclosure: Held
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