Hi Gracesteel... My opinion only... Days.. Apart from the...

Hi Gracesteel...

My opinion only... Days..

Apart from the obvious possible contract signing at anytime.. Given quotations are already out there as well as advanced discussion on licensing agreements.. The main reason I say days is that there will be another announcement soon regarding PFoam and that will be this month.. Not long left in this month when you take the xmas break into account..

PFOam already has sales signed up pending the agreement being finalised and production starts in January and they will have all of the patents and everything required to run with it. Specifically I liked the fact they said that the margins/revenue with PFoam was going to significantly exceed that of the other CFoam products. It was just a teaser at the end of the announcement but certainly it was a significant part of the announcement..

CFO seems to downplay the important parts in their announcements. I do think they need help with that part as some only scan over announcements for the bold and bulletted parts. But if you read the announcement in full it is full of exciting and profitable parts that are hidden in the rest of the words...

PFoam I want to know more about.. These signed sales I want to know more about. They are final pending the final agreement being completed..

Seems a whole other industry is being opened to the company and yet they throw it in at the end like it's not that important to warrant its own announcement..

They really seem to downplay what is going on compared to a lot of fluffy announcements a lot of other companies put out that have less substance than these announcements..

Anyway.. Not convinced about the selling today... Seemed a bit orchestrated to me..

The announcement was positive, it just lacked the financials I was looking for..

I will be ringing the company tomorrow about that, but I expect they had a change of heart due to the ASX not requiring them to release the figures yet.. They have been trading for less than 3 months.. Apart from that the announcement was great..

But the market is the market and we are always at the mercy of the bigger players and whichever way they feel the price should be going on the day... Yes today was disheartening for short term holders but I believe it was a blimp.. Look at the first day trading.. 62 to 51 to 70.. I do believe we should be at a bare minimum in the 70s at the moment so just have to wait out the manipulation.. Small free float means they can manipulate it easier but if the direction is north it will happen very quickly..

These navy deals also seem to have advanced to the final stages and I would expect news on them soon too.. A committee has already been established to work out immediate and future needs of the naval program and how they will manufacture to meet the demand.

The rail deals.. Like wow.. If the standard changes and CFoam becomes the universal standard in USA and Europe then watch out... Testing happening right now...

Then you have the cars and the properties.. This could be huge..

And I am not even talking about the current things like the aerospace area, satellites and rockets and of course there are the planes... The navy the army.. Increased spending on defence also mentioned..

I think in 3 months time, I would not be suprised to see a 2 in front of the share price and that is in dollars not cents..

Just my thoughts and opinions but please remember it is just an opinion..

Cheers