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Fastrunner

389 Posts.

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19/12/16

11:19

Post #: 21430811
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Originally posted by Sailor1 ↑

Fastrunner,

Thank you for your work over the weekend on all threads. You have certainly highlighted some very interesting reading.

As we enter this new and almost final week before the end of the year the question for me becomes can I afford not to buy at sub-50c if the opportunity arises.

In the last announcement the company advised that;
* they expect to sign a license agreement for PFOAM "later this month";
* "selling price margins are expected to significantly exceed that of other CFOAM product"; and
* "Sales of PFOAM have already been awarded pending execution of the license agreement".

Additionally, regardless of all of the side-chatter about the net cost of Toby Chandler's holdings, the pertinent points are that he has FAR more knowledge of the inner workings and potential of the company and its products and he still put >$388k of his own money in to buy shares at over 59c.

So, can I afford to buy at sub-50c ? Very tempting with only ~8 trading days to go til the end of the year.

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No problem for the reading material, I bought mid 50's, low 50's seems good buy but never know could go either way.. I think company is good and right track for right material but price rise depends upon their coming ann. and am also hoping their 1st quarter where the Pfoam production begins. I don't have much fund to buy more so those who can afford, good luck!! All IMO

CFO Price at posting: 52.5¢ Sentiment: Buy Disclosure: Held
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