FFWD is authorised as a closed-ended investment scheme by the Guernsey Financial Services Commission.
'This is an excellent development for this innovative growth company. We believe being authorised by the GFSC will make our company a more attractive investment opportunity for institutional funds and private investors alike whilst it is not expected to impact on the Company and its operations. Jim Mellon
Stunning paragraph Rich. Probably the best tweet I’ve seen on FFWD for months..
So good I’ve copied and pasted it again
Personally I think this is just being overly technically traded and we've been in a downtrend that's gone on far too long and is reaching the point it will break out of it at some point in the near future (it's getting to silly MCAP levels and it's physically impossible for the rate of decline to continue much longer). This is the problem with a PI heavy stock where many lack conviction to hold and not trade......but conversely it's also the opportunity it can present if you're the one buying anywhere near the turning point ;)