(I said I shut up - but let's get real; the "negative" posters are posting misleading info left right and centre; none of us knows what is to come 100%)
pranav:
yes VanEck have reduced FML by a mere 7 mill - big deal
They also offloaded (or will complete by end of this week) 58 mill IGR shares (due to SLR merger)
They constantly adjust according to index - sometimes they buy FML - sometimes they sell FML
Same for any number of other junior producers - all in public domain and updated daily.
The report you mentioned was shot down by you in earlier posts - now that you have found a point you like you agree with it.
A report is just that: an institutions point of view of a likely scenario. Not the gospel truth.
I strongly agree with the earlier post to poss. refrain from posting unless based on a release by the company or material evidence.
Remember: they had the money for not even a day and quite a few of you already know exactly what they are going to do with it and how SD is approaching this.
All I can see is a bullet list of identified priorities (some with figures attached) of where they intend to spend the money initially.
Yup - this can still go t*ts up - but the likelihood is vastly decreased.
Just how much they can/will achieve with this - only time will tell.
52 week range: 2.9 - 5.8c
For me: love to see 5.8 cents again (and I can have a nice long break from all of you)
over and out from me til there is "material news" to discuss
Have a nice break and remember: it's you choice to hang onto anger (real healthy by the way) or move on.
For some of us: here's to one hell of an interesting year coming up.
FML Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
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