cynget choosing resource deal for fut, page-18

For anyone who is wondering about why some on here are getting excited or wondering about why there is talk of coal, oil, iron ore, etc, etc on a telecommunications company. This is the story to date in a nutshell....


This got announced (about 3 weeks ago)....

"In keeping with Future Corporation’s focus the Company and its Corporate Adviser, Cygnet Capital, are currently reviewing a number of investment opportunities in complementary resources projects. These include opportunities coal, oil and gas, iron ore, mineral sands and phosphate resources. TheCompany will keep the market advised as appropriate."

Leading up to this the share price climbs strongly from 0.3 cents and continued to rise afterwards and Cygnet happily take a placement at 1 cent even though the share has spent very little time above 1 cent with no further news released.

1 CENT PLACEMENT!!!!! NO NEWS ANNOUNCED.....last placement at 0.25CENTS!!!!

So does Cygnet know something that we don't?
Well a FUT director is one of their senior advisers so you can bet that they do.

No doubt that they were/are also doing a lot of buying on market too.