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2.50% 82.0¢ red hawk mining limited

will

  1. nana
    1,538 Posts.
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    05/06/09
    12:49
    Post #: 5247556
    Will Chinese or FMG join in FMS? No.
    FMG has enough IO, no need bil shares from FMS. Chinese too,cant do business with small co > bil shares on issue. Look at JRV and Chinese walked away. The only way is cosolidation. But sp will fall heavily if consolidate. Comparing with GIR which has < 200 mil shrs, GIR is much better for Chinese to get in. FMS is similar to CFU (nearly bil shrs), may go no where.
    FMS Price at posting: 5.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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