Bought CFE in Dec @ 24c when buy:sell volume ratio was 3:1
Sold last Wed @ 27c. ratio was 1:1
Current ratio 1:2
I'll buy again when THE MARKET tells me to.
With a buy:sell vol ratio of 1:2 it certainly isn't now.
Check out the sell volume from 28c to 30c. Are these the ones who missed the boat when it came to taking a profit?
Hope to see 21c and even 18c again if TS keeps making these obscure deals.
I don't believe the so called "cash backing" can attract many investors now that it has been disseminated to obscure penny dreadful Co's. Explains lack of buyers. Who really knows what's going on other than TS?? Announcements have been lacking detail and show a lack of good "corporate governance". ASX may ask for a 'please clarify' soon.
$220 million in the Bank was great. SL project cash investment was good.
Since then all we have seen is cash being thrown around like a Rudd Govt stimulation package. The only stimulation CFE gave me was to place a sell order and take a profit.
CFE General Meeting at the Fish Market Cafe this Friday sounds like a mind blowing experience. Things have seemed a bit fishy the last 3-4 weeks; perhaps there's a message there for those trying to sell @ 28c - 30c ........
"When all's said and done, there's more said than done"
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