Ok I rang and this is what I was told.
-News will be out within 10weeks as previously stated
-Different type of IO compared to what NSL have got
-Traders all over the stock it seems
-Share holding up considerably well considering the overall market
-Expects CFRO to be in the money
After getting off the phone my opinion hasnt changed on the direction of where CFR are going and I feel even more confident. I said if CFRO to be in the money then CFR would need to be around 5cents for people to confidently convert. The response was should be in the money. Thus I feel oppies are a bargain below 1.5cents!
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