Hi Team, had a sell on at $12.47 a week ago, and it was painful...

Hi Team,

had a sell on at $12.47 a week ago, and it was painful seeing the price get to $12.37 and then drop 13-15% back to $10.60-$10.80 odd in 2-3 days.

Held the $12.47 and was great to see it got taken up on 30,000 shares today, a few years in the making but grateful for the profit, especially in these challenging times, and work drying up. CGT, inevitable but that is the price you pay for investing your own hard earned and the GOVT sitting back and taking the cream from your hard work and stress. ( FMG at $1.69 and margin calls, not GOVT help then)

Hard to pick the top and hard to pick the bottom, but if we all had a crystal ball the money one could make, buying and selling.

Am thinking from a pure market recovery point of view, what the price of FMG will go to, if the ASX 200 returns circa ,7,000 points from 5,500, along with global stimulus and Iron ore prices trending to $100 USD a ton in the short term ( 1-6 months).

FMG -Amazing Team members, Amazing Management, Amazing share holders, awesome communication and that is why they are so successful, all IMO

$14.00 by June End, $15.50 by years end.

good luck all,

regards

MJAK