XAO 0.57% 8,754.7 all ordinaries

Short Term Trading Week Starting: 12 November 2018, page-55

  1. 4,742 Posts.
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    FTT it always pays to go back and look at the history of companies. FTT was TIS. TIS was going to go to the moon with European and FDA approval. The management did not get a look in. Poorly prepared applications and crashed and burned. So 2- 3 years later they recycle the same old crap and get the punters in again. You have to feel sorry for holders when the result is a total flop and the price goes from 7.1 cents to .2 cent. But throwing even $10k into something like FTT is poor risk management.
    Some even got the double held POH and FTT.
 
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