FUT 0.00% 1.4¢ future corporation australia limited

I dont think the sellers over the last two days will be the...

  1. 161 Posts.
    I dont think the sellers over the last two days will be the investors that picked up shares in the placement. Obviously management/cygnet group would have had to sell the placement to them based on a direction/ acquistion that the company is taking. No one would hand over money so that the company can use it for working capital if they cant see themselves getting a decent return on their investment in the future. Espectially if they aren't already investors and don't care whether the company folds or not.

    I also know that when the placement became general knowledge the company was trading at huge volumes at 1c, meaning that a reason to take placement shares over shares over on market is because of a free options.

    This to me, means that there is a good chance that they will be well in the money in the short term.

    i don't know what they are heading into however i do know someone who is a very successful investor, who has picked up a very large parcel recently.

    Based on this and reading between the lines, i would say that all Future holders are going to be in for an enjoyable ride in the near future!!

    To me the chance of reward definately out way the risk.
 
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