I have been thinking and following points spring to mind:
1) CFE has only ever gone into a halt over the last 12months relating to the Chinese acquisition and Chinese de-acquisition
2) the volume of the chart prior to the halt has shown successive strong days of trading and movement up at acquisition and movement down at de-acqu.
3) this movement up has been the strongest consistent run for the company in the last 2 years
4) i saw within a blink today buyers pulled, drop to 43.5c and then within another blink back up to 48c. also over the past 3 days strong selling has occurred with people bailing but the buying has been wave after wave
5) 50c has been tested every time deal talk comes up or announced
i get the feel this is more than a 70% buy in. IMO only. DYOR.
thoughts???
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