CFU ceramic fuel cells limited

capital raising: we saw it coming and want it

  1. 1,346 Posts.
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    I welcome the news of the cap raising. I think they've struck a good balance between discounting for shareholders but valuing the company properly.

    This capital raising has been predicted by myself and others for months now, over a variety of threads. I have long been of the view that CR was preferable to borrowing, so that if anything does go wrong it will just be a normal setback, not a gamebreaker.

    For the regular posters in this forum, I don't need to tell you all be taking up my offer plus overs as I have been wishing for months to get in below 11c

    I don't see how this makes you 8c call more likely el capo, but if it does go below the issue price, I will be snapping them up like crazy.

    I've been waiting for this CR for months, a simple scan of the accounts informed us of the need for it a long time ago and I'm glad they're doing it now before they are desperate.
 
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