RHK 3.33% 77.5¢ red hawk mining limited

is principle before profit?

  1. 10,404 Posts.
    I've done a number of posts on the IPO and most of the IPO comments (and that's not any) have been about 'we won't by our own diamonds' hysteria etc.

    I haven't read one analytical, balanced post on the issue. None.

    Actually I'm thinking that most FMS hc readers feel that the IPO's a bit of a yawn. Mention diamonds and they move on.

    Fair enough but it looks set to go ahead and if everything looks fair and reasonable I plan to take part in the IPO.

    After the dust has settled I'll bide my time and wait for FXE sp to fall (as what usually happens with your average IPO) and when it does, buy heavily into FXE.

    One favourable drilling ann, and I bet there'll be more than one, I'll treble (or better) my investment

    Now I wonder who holds shares for principle or who holds for the money.

    Is principle before profit this time or is this a special case for good old FMS?

 
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