RE:RE:Share PriceThe commodity market is shot. Example. XEL did an extended EWT and sold 147,000 barrels of oil through BP. Field was proven, stock price is less now than before the EWT, ppb is $2, 2P reserves should be valued at $13/barrel.
Thwere is a massive disconnect between fair value and the mkt cap for many resource companies. No difference here, FMS is worth multiples of current price, but the market will not give credit even when due atm. Cheap money ends next year, so I really see 2014 as the year for decent companies, with great assets and management (such as FMS) coming back into investment scope for many.
For me this is a hold and add on any weakness, wait it out to Production and make a lot of dough.