What is this premium product, if it is coming in 2019 why FMG was hiding it and is still hiding it, sabotage? In the meantime SP is not doing well at all. FMG with the existing mines can only improve one blend at a cost of the other.
Comprehension is definitely your problem.
I read the full announcement and the market read it and you know the result- $4.38.
The announcement was just a collection of vague statements, not much new substance in it.
But it served the purpose, it made you happy.
I have just sold $3.60 September put options, that is market reaction to the announcement and of cours other factors.
AGO Price at posting:
4.3¢ Sentiment: Hold Disclosure: Not Held
