With the recent trashing of base metals, precious metals, and not to menation the ongoing volatility in the US markets, iron ore appears to stand alone to an extent unaffected.
FDL clearly has been affected by the recent market weakness (yes that's an understatement), and I guess in some way the share purchase plan. Never thought I 'd see it in the 9's again. But that's good for a lot of buyers.
If commodities continue to weaken (for how long?), how much do you think that would affect an explorer like FDL?
Before you answer, I've been in and out of FDL, have been following the SP from when it bounded into the 7's, so I'm not a newcomer.
Just want to know what other feel about the here and now, especially since the recent weakness in commodities overall.
Thanks
FDL
flinders diamonds limited
With the recent trashing of base metals, precious metals, and...
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