@Astral, this is major shell value with cash and $3.5 million expected from R&D early next year.Under cash backing at present.
Not only that, take a very good look and listen to the conference call presso, there is much more going on here than we know.
Also, you would know, the pack mentality abounds in sharemarkets atm.One sell the rest panic and sell..this was the case as some followed Alan Gray. He is out or near out,buying will return and the pack mentality follow..and up she goes.
Traders love these opportunities, but I think this will be a sustained recovery from work going on in the background, playing one pip here and there from this incredibly low level would be silly IMO.
FTT appears extremely oversold and undervalued.
The above is why many are and will continue to buy and accumulate imo.
drifta
