FTT 0.00% 0.5¢ factor therapeutics limited

drifta ive seen these cash backed shells get a new project or in...

  1. 1,944 Posts.
    lightbulb Created with Sketch. 477
    drifta

    ive seen these cash backed shells get a new project or in this case product and get to 10 -20 million market cap very easily. FTT has as you said more cash that asset backing and a clean shell with no debt. all they need to announce is a new product and it will probably double in a day as major seller has dumped out and he wont be selling on the way up. i remember buying 50k of stock in 2006 at .02 (25 million shares) and selling next day at .07. i can see history repeating here and when your old like me you know the share market always repeats. the only problem for most punters is staying around long enough to remember the past. ive been very lucky ive been trading 25 years. like i said ill be watching this one like a hawk monday.

    cheers
    Last edited by Nccc: 16/11/18
 
watchlist Created with Sketch. Add FTT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.