degradation issues sorted out, page-6

Thanks for the feedback.

Obviously the market agrees with the concerns stated regarding funding and its consequences, as the SP closed at 11c, down from the 13c-14c range earlier in the day.

I can console myself regarding this morning's purchase (at 13c vs more shares at 11c) on the basis that it was done with something rarer than hen's teeth these days: a recent profit from another share (PLT), gained from applying the same kind of punt. Therefore, it's the equivalent of placing the proceeds of the last successful spin of the roulette wheel back on for the next go (after having taken out the original bet).

Whilst I've been thinking and talking about purchasing CFU in recent times, I've managed to hold off until today ... with my cheapest previous purchase at 56c, so it hasn't been as reckless as it could have been.

Whilst the threats involved with the cash position are real and significant, there is also a very real risk that the company will go from strength to strength and the SP shoots up well before you get a chance to take advantage of the current weakness. As mentioned, I spend less than 10% of previous purchases and more than doubled the investment, so although I might have done better or perhaps shouldn't have dabbled at all given current uncertainties, I like the odds and don't regret it. Time will tell as to how this plays out, but the risk/reward given the technology breakthrough achieved is looking good, as far as I see (e.g. possibility of other partners signing sales agreements etc.). If the market doesn't agree then so be it, hopefully the company will prove them wrong.

Cheers all, enjoy the holidays.