not a good comparison sandy, in fact a terrible one.
Follow FMG and it grew into a large company based on a very good asset and a mining boom. it did not raise billions when it was a small company. it raised a bit money, a bit more and so forth.
Normal growth path. Everything growing in tandem.
We are talking about a near bankrupt company raising billions.
What part of impossible do you not understand?
When AMP raised billions in equity in 2003 in had to offer a near 40% discount to get people to invest. And that's AMP!
100% equity in a subsidiary of PDY? You guys are all nuts
I talked with someone today who was also approached by Bleyer just like he approached PDY. It's all bad news.
PDY Price at posting:
3.3¢ Sentiment: LT Sell Disclosure: Not Held
