I guess some of the market decided to take some profits today and oil is down which is fair enough.
Maybe also some people who thought wells would be quicker etc - but I mean Rome wasn't built in a day.
Management have the most clear plan I have ever seen from any company. Sure they don't always hit every target exactly on time but they are close and they are just that - GOALS. And FDM have some very lofty goals. Everything I've seen in the last couple of years suggests to me they can actually achieve their goals and I'm more than happy with the progress.
A nice wireline log in due course may give the market a little more confidence.
FDM Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
