It's the ASX, retail will always get screwed over. Has anyone ever heard of a retail making a success in the ASX in the last decade? Serious question, because I certainly haven't. I will take out my initial capital when the management buyout figure is proposed so I am not left completely vulnerable but do my best to keep the rest in play for when they re-list on the Nasdaq in a couple of years. Of course CFO may just prove to be a unicorn on the ASX after all, who knows until the end of this quarter.
CFO Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held