The SP is really contradicting the market forces. It is obviously being held up by some group with vested interests but there is no way this can be maintained. The pressure (and I mean pressure on FMG) is down and down it will go. I have been watching it carefully for a while now and everytime it is due to fall big time, it is held up and closes at specific levels almost like clockwork. Obviously the low liquidity allows this to be done but we will see how long it can be maintained. The sp will go to the mid 14's and this will be a healthy retracement for it. The sooner it is allowed to do what it should naturally do the better it will be for FMG in the long term. They are only preventing the inevitable.
FMG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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