CFU 0.00% 0.4¢ ceramic fuel cells limited

taking off!?!, page-20

  1. xoc
    108 Posts.
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    I'm curious why people are suggesting a capital raising is a possibility? What do they need the extra capital for?

    CFU have plenty of cash for current activities, and have already built a factory that can scale up production.

    Brendan Dow has stated that he is not interested in loss-leading to artificially inflate sales numbers, so every sale decreases the cash burn and brings them closer to profitability. Best of all, orders are (finally) starting to snowball.

    Why raise capital before they need it? Presumably the share price will improve the more sales they make and the closer they get to earnings. Even if they do need more capital to make it all the way to profitability, or to grow quicker, why jump the gun?
 
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Currently unlisted public company.

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