FAS fairstar resources limited

teach me

  1. 7 Posts.
    Im very new to the stock market, i only have 20k shares in FAS, first shares I've ever bought (at 2.6). From my limited knowledge i thought it seemed like a company that has the ability to dramatically increase value in a very short period of time. Would it be a wise move to continue to wait as the price goes up towards the announcement on the 19th due to speculation and sell just prior? and possibly keep a few incase they secure the deal?
 
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Currently unlisted public company.

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