FDM freedom oil and gas ltd
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someone's hungry

  1. Meat Puppet
    269 Posts.
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    13/03/12
    15:22
    Post #: 9831517
    Taking a close look at the course of sales, it is clear that someone with deep pockets (probably a fund) wants a big piece of MAD. The recent placement was more than 3 times oversubscribed so that would have left a lot of investors hungry for more. Could that explain part of today's action?

    FDM Price at posting: 83.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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