Not many sellers at 21c left. I reckon it will open around 21,5cents and close slightly higher at 22c (altought it mike spike in the morning to 24c). It will retrace at some stage in the future, but the primary trend is strong and I think 30c is on the cards. If a MC of $200m is too high? The market will decide, but I think they sit on a economic viable resource next door to Fortescue. Not a time to sell quite yet, I think.
BTW-FDL has saved me 2008 so far. If that ever hits 50c I put a statue of big Kev in my garden
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Not many sellers at 21c left. I reckon it will open around...
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