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ccorton - Sun, 01 Jan 06 :

I am not a shareholder. However, I would be suspicious about buying at this price. (1) No news to justify the price rise; (2) Colin Andrews is very astute - it is possible that he was keen on short term cash for CMR without diluting the CMR equity, however, it is also a sign that he is sceptical about FGML's future; (3) a stock overhang has been released.

In true AIM style, I would suggest that the MMs will take the price back down to at least 17p in the next few weeks if there is no news and when the price rise buyers have been worn out.

I may be being too pessimistic. But what has really changed from last month apart from the price?




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