RE: What a rollercoaster of a day!13 Dec 2019 23:46
Freeport has a market cap of 18bn and First Quant about 9bn I think a bit out of our league
As you know the mining index is so volatile with Kaz and Anto falling from highs to finish pennies up, it's a day traders dream and I am afraid that I have now become one of these with no allegiance to Kaz anymore for this reason.The board have made the decision to have loads of debt which could turn ugly at anytime.Dont forget all the companies we see in the headlines are shares with loads of debt
Come Monday who knows but with a careful eye and when you have little to do at this time of year but to look at the movements it could pay for your Christmas
Perhaps I am sad but i do love Christmas,the Santa rally and the new year results with big swings and making a bit as well pays for my summer holidays