We have seen the profit forcasts released to the ASX, but Forsyth has also been in the media talking up the results and talking about next years results. He is really trying to build something up to the point where it can be sold off to a bank. This matches what he told the echoice broker at a recent conference - We will become the back end I a bank one. The Brokers were not impressed - maybe he forgot who he was speaking to. The recent appointment of Forsyth as a drirector showed that he has around 30 million in shares between him personally and his company (Eymouth) trust arrangement which he is the sole benefactor. He also has some options at 10cents in December to look forward to, drive that price Mark!
FFF Price at posting:
6.0¢ Sentiment: ST Buy Disclosure: Held
