So CFE is worth a MINIMUM of $1.50 a share. They are not short of money with 60M in the bank. More money coming in before Christmas. Yet still no buyback: "CFE will commence buyback at a time of it's choosing".
Saying CFE is worth a MINIMUM of $1.50 is easy. Witholding buying back that same share for 45c doesn't make sense if that claim is legitimate.
They don't want to buy a $1.50 share for 45c? Doesn't make sense.
here we go, page-13
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