Good call!
So with CFE having no projects, no direction and only holding shares in FEL & CXU (encumbered to the ATO) and EUR (encumbered to Winnance) and owing $5.2m to the ATO I'm surprised it even manages to have a MC of $2.5m! I mean, it has no projects and it appears to owe more money than it has assets!
Plus it's paying the chairman $400k/pa in salary and then paying his pvte company over $300k/pa in rent. That's collectively about 28% of the total MC paid to the chairman!
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CFE looks good, page-7
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