FDL flinders diamonds limited

buy on weakness

  1. 3,891 Posts.
    Dont see what all the huffing and puffing is all about, regarding the cap raising.
    If you could turn the clock back 3 weeks ago and bought at 10c, would you have done so, knowing that it hit 14c last week....Of course you would.
    So, if it dips 30% on monday, because of a cap raising that the company had to have to complete the drilling,then be smart and use it as a great opportunity to buy for the inevitable pop up again.
    The speculation on this will not go away until the drilling is finished and they know how much there is.
    The sp is never going to just go up, so bieng smart and buying on weakness is a very smart thing to do imo.
 
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Currently unlisted public company.

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