FUT 0.00% 1.4¢ future corporation australia limited

Firstly i would say that the top 20 would be looking vastly...

  1. 161 Posts.
    Firstly i would say that the top 20 would be looking vastly different now considering FUT has just raised >$4mil at .5c. Even though a percentage of this would go to existing top 20, im sure their will be a number of new major investors.

    Secondly, i would say that the current drop in the SP is a result of this raise. I believe that towards the end of last week all the investors who participated in this raising received their holdings. Even though the majority of these investors would be considered (safe hand), inevitably their will alway be a few who will sell out for a quick profit.

    I sure as soon as these people sell out, the SP will return to new yearly highs and then not look back.

    In the meantime as a result it has created another cheap buying opportunity for us all.
 
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.