re: Ann: CFC and Alliander plan broad deploym...
They'll run out of cash shortly. With $8.6M at 31st December and a burn of say $4M per quarter, things will be getting tight.
My guess is a cash raise announced before Easter at say 6 cents, a decent looking discount on today's price.
Then, if they can raise enough cash, price will be higher than toda. If they only raise a few million then hold on to your collective hat, it could get ugly.
Lots of "ifs" in there!!
RD888
CFU Price at posting:
8.3¢ Sentiment: None Disclosure: Held
