It should be.
The lack of US investors in the FTT shareholder base is a big question mark.
Where true is that the company is out of the BIG radars, it is true that out there there are many Hedge Funds that pick value around the globe quite easily. There is a lot of money out there. They invest in cryptocurrencies, in Africa, in Zimbabwe and Uganda, in crazy lost in the jungle and monkey and snakes infested mining projects, but not in...FTT. Or they know something that we do not know, or they just miss an opportunity. But if the company is currently delivering out properly the messages, the market cap and the price should be now well in the $300 million range. So where is the truth for this terrible valuation?
The Australians and the rest of the world should be a bit more speculative at the current stage. The current price is not a price, it is just a crap that does say nothing more than zero.
FTT Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held