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.