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re: Ann: CFC and Alliander plan broad deploym... They'll run out...

  1. Reddwarf888
    21 Posts.
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    13/03/13
    13:17
    Post #: 11532345
    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
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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