Ann: Quarterly Report for the Period Ended 31 Mar, page-18

re: Ann: Quarterly Report for the Period Ende... Well if that is the case Jaxxnz and the CFE shareholders who have been holding their shares closely decide to sell then that will give the UK institutions an opportunity to buy.

TS said back on 1 Feb when CFE facilitated the sale of shares to several UK institutions the following:

"We have, for some time, been experiencing strong interest from several large UK based institutions who have been frustrated by their inability to secure the level of stock they require through on-market purchases."

I am still heartened by the fact that volumes of trades in CFE at these low prices are also low. That indicates to me that most of the investors in CFE are confident of CFE's future and continue to hold.