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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by BayWallon Feb 18, 2012 3:43pm
209 Views
Post# 19554420

RE: 4 cents

RE: 4 cents

In 2011:

TOTAL 118,523,864 4,174,697 0.035 118,523,864 4,174,697 0.035

 

For those interested: 118 million Futura shares traded on the Venture Exchange. Average price: 3.5 cents. To breakeven, shareholders will need 3.5 cents. To make some money on the next  price increment, requires 4 cents. If there's a true breakout past 4 cents, I would anticipate large trading volumes. First to address those who wish to break even at the average of 3.5 cents, and then those who want to make some money at 4 cents. After that, it's clear sailing on lower volumes.

 

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