Sentiment in this stock has changed substantially! I for one was a little concerned that CFU would struggle to obtain funds! Obviously thats enough for the stock to fall to its sub 6 cent levels.
Now a different story
1) raising of some funds including 6 million from a chinese company and
2) The company is restructuring to cut costs: costs that if unchanged would have seen CFU end up on the dump heap.
Great to see CFU is refocusing on its immediate market customers and turning the company around.
Its sad to see the loss of jobs in Melbourne, but those job losses may continue and maybe engulf everyone, unless the company continues to restructure itself into one of future profits!
Sentiment in this stock has changed substantially! I for one was...
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