Hey Cyan...I made it to the FUT AGM yesterday...thought it would be good to get it from the horses mouth. Got to meet the head guys and they are quietly excited about the European assets...sounds they got it pretty cheap. The returns will be pretty good for a relatively inexpensive investment, particularly based on Aussie costs for a similar exercise. They have ample cash in the bank, so no further cap raisings required....the US deal that was referred to in the recent announcements sounds exciting if they pull it off, not that they elaborated much in that forum, but I'm punting on some good news soon and will be buying more on Monday !
FUT Price at posting:
1.0¢ Sentiment: ST Buy Disclosure: Held