CFO 0.00% 0.2¢ cfoam limited

Ann: Strategic Changes to Board and Key Operational Management, page-15

  1. 300 Posts.
    lightbulb Created with Sketch. 7
    I've bought my fill, but have been reflecting on CFOs "strategic review" and possible outcomes supposedly to be announced this quarter. My thinking is:

    They appear to have:
    - better quality product now
    - more potential clients at the top of the sale funnel testing product
    - growing confidence in their product
    - ambition to massively increase production
    - a new heavyweight director
    - another director buying stock and has moved into a day job with them (Chandler). This guy also has a long history in hedge/ financial markets...

    But:
    - they need to raise more $$ to fund 100k cft production expansion
    - they've probably tapped out WVA state government funding opportunity
    - they've stated dont want to dillute existing shareholding to grow....

    Screams like an opportunity for private equity partnership to me. They get the $$ they need, they keep their ownership and control, the small SH's get bought out at a little profit, whilst they ride off into the sunset....

    just speculation....
 
watchlist Created with Sketch. Add CFO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.