Australia's largest stock trading and investment forum Australia's #1 stock forum

FTT

Click for more information

0.00%

0.5¢ factor therapeutics limited

And now we're at 5.2-5.4 with 1.4 million volume gone...

First 25 Last

Share
Profile

Follow
writer

4,051 Posts.

412

15/08/18

12:35

Post #: 34950939
Share

Originally posted by writer ↑

Gas,

There's a YouTube of Chris somewhere, don't have the link, talking about how they went about the initial raise. Instead of just trying to raise a couple of million to keep the company afloat and see how it went, they approached the funds with the proposition that they needed $10 million to fund a clinically rigorous PH2b that would have the best chance of achieving the desired result. Being to prove the science. If they couldn't get the money, they would fold the company then and there. End of story.

The science has never been in doubt. The funds went away, did their DD, came back and gave them the money.

Management is one of three key things you look for in an investment. I'd suggest CB, with his proven track record, was one of the reasons they stumped up the cash. He hasn't yet failed in any endeavour he has taken on.

I don't see FTT being his first.

Each to their own, but if it's a bet on him being right, I'm in.

Not for pips, either.

Expand

And now we're at 5.2-5.4 with 1.4 million volume gone through.....

FTT Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 9 more messages in this thread...

First 25 Last

Add FTT (ASX) to my watchlist