FDL flinders diamonds limited

economic conservative

  1. 156 Posts.
    Some psychology.. (although I am not a psychologist!). Long term Hotcopper observer, first time poster today.

    Big Kev is not a spring chicken, he has been around. He understands this might be he final opportunity to create greatness. He doesn't want to stuff this up.

    Money in the bank is your friend. Capital raising is wise. If money gets more expensive (clearly the global uncertainties haven't sorted themselves out yet) then money in the bank is smart. This could be an economically conservative move that could secure future shareholder wealth.

    There must be easier places for day traders to achieve returns... long term holders should feel pleased that management is being active and decisive in making decisions and reading the environment around them.

    GO FDL
 
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