CFU 0.00% 0.4¢ ceramic fuel cells limited

Ann: Rights Issue Prospectus, page-13

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  1. 74 Posts.
    What is surprising is that CFU have gone to a CR while still having the Bergen facility. As IndiJo asked.
    Local shareholders have done the main lifting to date to get the company to where it is. The company knows that a raising would be very limited in take up. Unless there is good/great news. I can't believe they are that stupid to ask without a reason. Also if that is the case, no one would have a reason to complain for missing out and so much dilution evolving.
    Nothing else makes sense.
    Enjoy the Ride.
 
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