This last note from Paul "to Everest" made me lauch at the time. I am now laughing more.
"Announcement out at 4.10PM on a Friday. That's enoungh info to know there wont be many highlights.
Looks like the shorters win again. Congratulations to Everest"
The announcement on Friday was not going to do much with price and the timing was as much about giving clear air to today's good news I expect. The one today will hold up the price I imagine as it is hard to find bad news there. I also acept there needs to be good news to justify value of $300m.
As long as people keep picking dips in the price they must be right. Pity I did not do it for the PGI stock.
FDM Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
