Hi tokyo and all,
looks like the market confidence towards CFE, IGC and Tony Sage is finally returning when you look at the buyer support on both companies run by TS.
I think once we get the details on the deals re either OZL, CooperCO, etc. the SP should get close to mid 30ies - low 40ies.
Now it's the best time to build a great foundation for future success. Imagine how huge CFE could become if they use their cash wisely and pick up other assets of the likes of OZL and companies for zilch.
In about 1-2 years time CFE could become a big player, and that is exactly what Tony Sage is aiming to become --> a big player himself.
Great longterm hold imho...CFE is still available at a 50% discount to the cash backing. Bargain buying imho.
Cheers
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