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27/06/18
12:03
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Originally posted by hotcongo
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Hope so, too.
Although there was a similar order at 4.6 earlier today, which got removed.
And the last trade at 4.6c was a cross trade, so maybe the seller was same entity as buyer? Paranoid, I know, but I suspect a. Seller is still trying to offload big parcel, and there are very few buyers. FTT is still on the nose, as far as the market is concerned.
Pity, because FTT appears to be keeping its long-stated promise that it will complete recruitment by around end June.
It is such a shame that recruitment had to drag out to 19 months.
A heap of value has been added to the company since the cap raise was announced, yet you'd never know it from the price action.
Pity about the $1m share overhang for Taylor Collisons, due to shortfall. I guess they could be trying to dump that overhang still, perhaps trading through other brokers. Yet you would think some high net worth individual or fund might be interested in buying those shares after today's announcement.
Bad time of year, I guess, and perhaps not helped my global markets looking soft.
I wonder what future nightmares await it? I hope some disaster doesn’t befall the US like hurricanes in Florida or massive bushfires in California, or some Trump-inspired Armageddon, to stop all these recent new recruits from completing their treatment.
FTT is truly a cursed stock! ( Just ask Vitrogro!)
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That is good: The million share buy at 4.6c hung around and got filled and wasn't a cross trade. Also that this big buyer has appeared, shame someone was happy to sell a lump of their shares to fill the buyer's order. Wonder how many more shares seller wants to dump.