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



TSX:FUT - Post by User

Comment by BayWallon Mar 04, 2012 8:37pm
213 Views
Post# 19625127

RE: RE: RE: 4th quarter...........................

RE: RE: RE: 4th quarter...........................

Actually INT went to over $3.00.  At 66 cents and 306 million shares market cap stands at $200 million. Past 6 months gross revenue was only $2.2 million. They raised $23.7 million at $1.20 plus other smaller financings. News coming out every week it seems. Important broker support.....they helped with the financing and earn commissions.

 

Futura on the other hand, is actually quite close with the gross revenues and has market cap of only $3 million. Add in the future potential for signing-up car dealers and service centers in the US. Looks like $3 million is a bargain (or in effect, a 2 cent stock is a bargain)

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