FAT 0.00% 90.5¢ fat prophets australia fund limited

I was a shareholder in View, but I don't blame FP entirely as...

  1. 1,429 Posts.
    I was a shareholder in View, but I don't blame FP entirely as VRE witheld critical info about their real situation. But I sold based on my own instinct and past experience of what happens, and didn't lose any $$'s.

    I notice they (Fat Prophets) are really excited about ARM - not sure if this puts me off slightly. Rightly they do caution that a lot of drilling is needed to prove up a JORC resource. Reminds me of TRH WA iron project, which had good credentials and lead up, but there was actually bugger all there when it was drilled...

    Anyway, they (FP) do have the proven ability to pick some winners, even if you dislike them.

    karoshi.
 
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