I was going to mention the same. After the announcement I thought there might be a retrace - yesterday was mystifying. The volume yesterday, and this morning at historically high levels in fact shows fingers may be burnt with the retrace but many are buying up large volumes in the belief it will go up significantly. All the talk about JORC is right but oftentimes the market rises on anticipation and belief. Today is not over yet and if in negative territory it won't be there for long. We have had many weeks of shedding at the lower levels. Just too much to come with this one in a very promising sector.
FDL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held