Also, 48 cents is an all time high. At that price and above, every single holder is in profit, so the only selling is profit taking.
At current prices, both the Lady Annie Sale, and Marampa, and likely to return to the company more cash than CFE's current mcap. Each.
The add in the current cash and receivables, not to mention the huge basket of other assets...
CFE is many multiples short of what, even conservatively, is fair value.
And what's more - TS is on the record as saying that they are keen to return large amounts of capital to shareholders when these large asset sales go through.
Y
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- the big sellers are finnished .
the big sellers are finnished ., page-2
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