CFU 0.00% 0.4¢ ceramic fuel cells limited

taking off!?!, page-19

  1. 1,252 Posts.
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    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.
 
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