Glad to see the end of that other thread. Far too long and too much mud-slinging.
Seriously though, where do people think we will finish today. Any ideas?
Although I don't agree with Ray I am now pretty well sure that the stock will fall furhter, though hopefully not too far.
I agree as a long term holder all the fundamentals are in place but I think the market (and I don't mean the few people reading Hot Copper) is selling down all stocks with big debts and those in need of future finance. I am sure that FMG would easily obtain finance for development from all its steel partners but I am not sure the market sees it this way.
What do others think. Thanks
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