Mate, argue with someone else. I'm pretty happy with the money I've mede out of FKP so far in less than 2 weeks- and BTW, I initially got interested in FKP because of its chart which CLEARLY displayed the shareprice declining while the rest of the market was trending up.
It was "already adjusted down by the market"!
The raising of capital, large shareholder support, reduction of debt, shorting and takeover possibilities, further confirmed my buy.
The chart showed me what I was looking for and I bought in the low $0.40's and with a NTA of $0.90c after allowing for a further 20% markdown of assets, I'm pretty sure there's a little more left to go regardless of the share issue.
Observe reality as it is, not as you would like it to be.
Mate, argue with someone else. I'm pretty happy with the money...
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