CUF 0.00% 0.8¢ cufe ltd

Ann: Quarterly Activities and Cashflow Report, page-122

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  1. 8,583 Posts.
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    CUF's last cr was already at dismal prices and that was pitched at double to current market pricing. I wouldn't call the raise at 1.6c to be at thriving levels and currently it's halved even from that. FEX is a 'junior' and by contrast gone up from around 22c to currently 30 odd cents in around 12 months (was even higher, though fell back). CUF itself may have good prospects but the market need convincing - at 0.8c it hardly seems markets are currently convinced. Hope CUF puts funds raised from cr to good use but yet to see any positive outcome with sp appreciation.
 
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