Whilst the sudden flow of good news is welcome, and I suspect it will probably continue, I smell a capital raising in the air.
I will be very surprised if it is not announced in the next month or so (probably at the time the full year result is released).
Pure speculation - perhaps a non-renounceable rights issue around 1 for 5 at about 15-16 cents to raise up to $30 million. Or another cornerstone investor comes on board and we are offered an SPP at the same price.
CFU Price at posting:
17.6¢ Sentiment: Buy Disclosure: Held