FUT 0.00% 1.4¢ future corporation australia limited

atocha project update - hm brian no.1 perforat, page-36

  1. 31,884 Posts.
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    Think the SP has been horizontal because fundamentally not much has changed for FUT. A successful drill will put rest to any apparent resistance created by traders. FUT is a great risk-reward play but price movement often tells a story, and amongst the strong positive discussions about this drill, the share price wasn't acting accordingly.

    Just wait for the sellers to subside and again I'd hazard to say FUT will settle around the .7-.8c mark again because at this stage nothing has fundamentally changed. I look at the price action quite positively, only dropped to .6c and since has created some good support to currently be trading at .7c, only 1 click down from the longer-term price its been sitting at. Typical limited downside, massive upside play.
 
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