What have I learnt from the trading patterns today.
Its not just todays trading but the last couple of days, until we get some info from our 'wonderful and ever knowledgable management team' or from the russians we are gonna stick around this level, people have taken their positions, either short or long and now its just a waiting game.
For what its worth, if the deal falls over I'm of the opinion the sp drop dramatically....fund managers will dump the share and won't deal with the current board again...I've said it before and I'll say it again, those in charge at the moment are in this industry for a career, once FMS is done they will move onto the next junior and try and do the same...the problem they will have is no one will want to deal with them as they appear to have been stooged, would you trust this board again on another share??
FMS Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
