This is lightly traded but I had no problem getting 400k in 2 tranches, so the underwriter may well be offloading a bit. Ive been accumulating at 4's and also think this will rerate on any news of collaboration with the big end of town. I hope they do not go down the path of large scale manufacturing themselves and instead team up with a J&J type who have the cash, facilities and salesforce to mass produce and sell the product at a price the market will accept. Leaves FTT open to develop their pipeline of other products while receiving substantial sustainable income.
FTT Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held