It is one of darkest day and FMS is one of fews could shed some light to the Market. Don't forget today is Friday too.
It sounds logic to think the flip side as some mates worried but could mislead you to miss the chances. Yes it is the first hole only. In the last December, it was just concept only.
What do you expect FMS do? Put all of its IO in your backyard? If so and you home is around Perth, the great infrastracture around your house could push the IO price more than $50 per tonne, I guess.
Check FMG chart between 2003-2008. Figure out what you want. I bet FMS has the IO and I will hold my FMS shares until its last hole. I will not give any chance to sell it too early and regret to see its price shoot up to the sky some few months later.
Trust me something could trade and something you have to hold. You could not predict the future but your personal characteristics define your future.
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