It is very likely that FIRB will approve this this deal. I mean PM Rudd is now over in China stitching up deals for open trade between China and Aus, and the resource sector will benefit greatly from that. Now if FIRB will knock back this deal, then its not showing good faith, is it?
I know people tend to get impatient and sell when they dont make 20% return on a day, but patience will be rewarded with this one. It may not reach $10 again in the short term, but $4 is not out of the question.
AED Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
