spot pricing, page-18

I think they're tihsting themselves. Check out the latest report. on 4/4 they piled in with another 2.5m net short by the end of day... at the lows... what amazes me is the increasing short concentration as the price has been diving (which means the share price falls have been driven by speculative shorts). Unbelievable really. Meanwhile the io price keeps marching on, and the business well, $10-$20 million net profit a month.

I've tripled (measured against at bid prices) my capital in the FMG calls... :D Probably should sell 1/3 to cover the cost base :( but jeez I don't want to.