The Proposal, page-5

First 5 Last

Share
Profile

Follow
pilsner

3,654 Posts.

2

01/04/15

08:50

Post #: 15016653
Share

Originally posted by Jaded ↑

@pisces @pilsner @Jako64

Could I get confirmation that the CR for this 'merger' will be done by Rights Issue to existing Fortunis Shareholders? Also in your list of restructures is there any peers to FOT? maybe @Fibonarchery ?

I note on the List mostly under 2 cent shares. Of course it's due to the 're structuring' bias in the list. Such shells floated years ago at 20 cents in some other Sector but diluted themselves down, failed and are left with their only asset being a 'listed' company.
This is NOT the Fortunis FOT set up FOT already has some Ca$h, it is fully capable of Raising further Venture Capital from it's Existing Shareholders. It's Mgt of John Rubino from MND gives it a 'history' of Tight Register, Financial Prudence [eg No Directors at the Trough] and just an all round Solidity that IMO makes this a Genuine DY Super Long Term Hold Speccie.
That's why I've stupidly recommended it to some friends, very good friends.

Anyhow calling on the XSO Brain's Trust to give me some direction on this FOT Fortunis 'play'
Want this to be a Hot Copper Share Thread of Substance not yahoo, rah rah one liner babble and banter,
ramping 'wars'. Don't want to see FOT on the top most discussed list
til it's $1 that is.

Expand

Hi jaded. unfortunately you are asking the wrong person (me) for any advise. I just got the info submitted and requested to be added to the list. Personally not following this one......wish you luck thou.

FOT Price at posting: 27.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Earnings Wrap: why is the utilities sector tanking & other big name earnings on Thursday

OSL

Oncosil device successfully treats pancreatic cancer in Türkiye

MXR

Maximus picks up 25.93 g/t of gold through infill drilling at WA's Hilditch

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx