The exit door is getting closer. What's been disappointing with this week's sell off is that oil prices and the $A have been supportive of the stock. MIke Yeager has been in the job almost 4 months and it is almost time for him to progressively announce his operational plans. The thing I found most annoying about his appointment is the gifting of 15M shares for him to just to take the job and front up (unless I have misunderstood his employment contract). Don't have an issue if there are performance hurdles attached to the share allocation but an unconditional gift of almost $7M is unacceptable. Good luck to him. I will try to post once a day. Recapping, 42c and I'm out.
FDM Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held