vooni, the dt's have had 3 weeks to dump this and it hasn,t worked. It went from 2c to 15c, an unbelievable rise. It was always going to get sold off, and then it stabilised between 7-9c. Iron ore is HOT stuff at the moment, with all the majors wanting to expand, the chinese are trying whatever they can to grab some as well. I liked the brokers presetation, there should be some results in 6-8 months time, when the price of Iron Ore will be worth a lot more as well. But Flinders Iron will not be around by then. Why? because someone that can fast track 320-390million tonnes will have bought them out. And I wonder who, look over the fence and there lies the answer. The 64 million dollar question is for what price, well thats what I'm going to hold and find out for. I will be a bit of a rocky road, but this share ain't going back to 2c that's for sure, It's only heading north and it's heading there quickly. Just my thoughts only DYOR.
- Forums
- ASX - By Stock
- FDL
- day traders
FDL
flinders diamonds limited
day traders, page-4
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)