At this point in time, I really don't have anything positive to say with respect to this CR/SP. Most in here are happy that the SP hasn't dropped to near or on-par with the CR of 2.5c/share becos maybe the allotment of shares isn't available yet?
I personally believe there will be some short term SP downwards pressure when these additional shares come onto the market (2.7c is my nose-itching feeling) ...I may be wrong...Which is why I am happy both ways...It goes up - I will be happy for everyone...It goes down, I have another buying opportunity...
Anyway, once these cheapy shares get taken up on the free market, then we may see some upwards gain...Todds are "artificially" keeping the SP around the 3c...so let's hope they have enough ammunition to keep going...
FMS Price at posting:
2.9¢ Sentiment: Buy Disclosure: Not Held
