Flyingdoc - I don't see it as a Dead Cat bounce as when you look at closing prices; it was at .165 on 14 May then it went down to .100 cents on 28 June and since then it has climbed back the 65% it went down from 14 May to be back at .165. That's a massive dead cat bounce over an extended period of time. Therefore I don't believe what we are seeing is a dead cat bounce.
What I heard was going on prior to 30 June, was that there were a lot of redemptions going on and Brokers just had to sell to pay back their clients. I believe the redemptions have now slowed down therefore there has been a steady climb in SP's across the market, not just CFE.
An announcement by CFE of a sale or anything else positive will see the SP move upwards rapidly. That's my opinion
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Flyingdoc - I don't see it as a Dead Cat bounce as when you look...
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