Actually, past oppy events are not much to go on, not with FMS. FMS is due for results soon and will probably be re-rated very severely upward if FMS can confirm IO tonnage (or severely down if FMS can't!).
Since a director recently bought out a whole bunch of oppies, my guess is that things are looking up, especially since the preliminary report did (effectively) confirm the initial IO estimates.
If I had to make a bet now, I would say my oppies will be in the money in 6 - 8 weeks time.
IMO of course...
FMS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
