FTT
Click for more information
0.00% 0.5¢ factor therapeutics limited

We deserve a White Knight, page-15

  1. notlistening14
    1,908 Posts.
    lightbulb Created with Sketch. 802
    clock Created with Sketch.
    15/11/18
    21:26
    Post #: 36524183
    I am missing something?

    FTT trading at $1.7m MC with $4m cash (according to last quarterly) and a likely large R&D rebate coming? I.e less than cash backing.

    IMO ASX shells are normally worth $3m-$5m MC (e.g RMX).

    Implied valuation of at least 2-3x current share price from here for FTT once the dust settles?
    Last edited by notlistening14: 15/11/18
    FTT Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add FTT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.