It's looking very oversold to me at the moment and if I hadn't pulled the trigger a couple of weeks ago, I would be doing so now as there is a good short term run brewing.
IPO closes on the 3rd. I would expect (as someone reported based on the meeting last week) the record date to be a couple of weeks after that. So, hang in there as I would expect a run of at least the div ($60m / shares on offer roughly) payment up until the record date. I would also expect a good drop after (go back over history when the last 20c payment was announced / ex date etc.
Good luck holders
CFE Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
