Haha mate, can categorically tell you I'm not a day trader.
Wish to some degree I was as I would be doing a lot better with my portfolio.
I tend to buy high and sell low but am hoping it will be the opposite with FTT
Can also say that I am not advocating a takeover but believe it is inevitable. The new guys that came in (eg Dr Behrenbruch) seem IMO to have revitalised it to do a deal of some sort. Maybe heavy hitters got them on board to do a turnaround.....
If it gets to a Cochlear, CSL, Resmed level, I will be ecstatic. But I doubt that will happen. Happy to be proved wrong. Anyway I don't hold enough to make a difference in a takeover.
I don't know if we have anyone here on HC holding 10m+ shares. I reckon there might be lurkers.... Think FTT have about 900m shares on issue so would need 45m to 90m to have any say, prob 90m+ to block compulsory acquisition if a takeover took place.
FTT Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held