FOT 0.00% 34.0¢ fortunis resources limited

Ann: Prospectus, page-15

  1. 7,600 Posts.
    lightbulb Created with Sketch. 241
    Cheers fromwell.
    Very useful information.
    The failed deal with LTX lends weight to my argument....Twice upfront consideration & 5x performance shares.
    Zhenya had to contend with a far lower value....Either the guys at FOT are much cleverer ....or both the market & Zhenya know the "real" value of Mpire....I tend to lean towards the latter.
    I just liked the FOT chart & thought a have a quick look , but have no firm views.
    Here we have what appears to be a cheap good value stock with a nice looking chart.....also the market is happy to pay 40% premium to the cap raise which I see as a plus.
    The question really is whether it has the ingredients to be big winner or just a mediocre performer in a crowded space.
    I'll move on & mind my own business....Sorry for the distraction.
 
watchlist Created with Sketch. Add FOT (ASX) to my watchlist

Currently unlisted public company.

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