We really need the Marampa Sale to go through now or in the near future. It appears that the ATO issues along with the Chinese refusing to play ball, the share price could sit at these levels or slightly lower for a long time.
Those large shareholders who sold large quantities prior to this announcement were extremely lucky and timed it perfectly... No sarcasm intended...lol
The bigger concern is that the ATO are really after Tony. The recent raids on the offices are not adding to investor confidence.
Lets hope we have some change of fortune with this one. I am quite fortunate to have a fairly low average price. However any further bad new could really see the price plummet. Will be interesting to see where we are close of business Friday...
CFE Price at posting:
10.5¢ Sentiment: None Disclosure: Held
