re: Ann: Becoming a substantial holder in FMS...
hussy--thankyou,been tracking fms for six years,perhaps the left field play that came with MMK sidetracked them a little.
--each group have their skills all of them drop the ball at one time or another,with BHP sitting on the sidelines it might create a great opportunity for FMS and its shareholders.
primarily in this for the trade,it might be a long trade with the associated risk of costs to develop this resource to production its a little reminiscent of TTY ,in addition not all the potential of FMS has been released or realised
i missed FMS entry by one day prior to the MMK offer thought i might get a slightly lower price.
well i am in now wont be selling and looking for downside around < .085 currently holding at .105.
naive no a calculated risk yes,discouraging watching what i suspect are hedge positions eroding your capital ,sure is.
however if you look hard at the bid and ask its difficult to get a tradeable quantity,this game is about control over the register unless you want to sell ,then they win.
happy to wait, and maybe i will be able to buy more at my price
FMS Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held