Well I am in the same boat @ $1.22. Was in profit for a short while. Still believe in the opportunities but the selling today is severe. I did say that 60c had to hold and it did not yesterday so not surprised that it has hit low 50's today. I reckon it better not be an insider because if so we need to vote them out. His selling at 80's was not good! Anyway it is now very neccessary for the company to come out and try and give some comfort to the market and the long term holders. This decline without any update, other than the Gulf deal, is not acceptable and the ASX should issue a please explain today IMO! Until such time as this is done my sentiment has been changed to "none".
FDM Price at posting:
53.0¢ Sentiment: None Disclosure: Held
