FUT 0.00% 1.4¢ future corporation australia limited

hi cyanit has turned into a bit more of a saga than all of us...

  1. 12,407 Posts.
    lightbulb Created with Sketch. 85
    hi cyan

    it has turned into a bit more of a saga than all of us were expecting. but personally i feel like my money in FUT is probably safer right now than some of my other investments for one reason:

    in a dire market, the worse that could happen is this could get sold down to .001 (unlikely) but it isn't a very long way from .001 back to .01 (psychologically and incrementally). many good dollar stocks that fall by the same ratio will have a harder time climbing back to where they were pre august 07 because the market rates everything as worth less than what it was in the resource boom bull market.

    the new fut will have NO pre bear market identity for comparative purposes, making it psychologically easier to move up at the right time

    small comfort, but at least it's something
 
watchlist Created with Sketch. Add FUT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.