Well, obviously it turns out there were some important announcements in the offing.
It may well be that there was some insider trading going on... which is a worry. However, the lack of change of directors interest announcement bears out my claim that it wasn't the directors being dodgy.
Frankly, if it was the directors buying, then I would be shocked and I'd refer them to ASIC. Of course, if it was janine hoey taking an initial interest, I wouldn't complain.
On of the reasons that I consider CFU a good buy is that in my experience the directors are honest (wo)men... they buy well in advance of good news, even before they are certain things will pan out.
I think its comforting if directors are betting on themselves in a non-dodgy way.
At the moment I think the most important thing is that Brendan Dow stays on board.
Except for the disasterous investment of funds pre-2008, They've done a good job so far.
CFU Price at posting:
17.2¢ Sentiment: Buy Disclosure: Held
