I thought i would create a new thread to allow for discussion & informative posts to be posted as they come.
I think this has the potential to turn around, obviously that's speculation only, i could be wrong as nothing is guaranteed but i like what i've seen so far! So let's see how this plays out!
What is CFO (CFoam Limited)?
CFOAM® Carbon Foam are enabling technologies for a host of next-generation material systems and components.
CFOAM® is a registered trademark that describes a wide range of next generation carbon products. CFOAM® carbon foam is designed to meet growing demand for ultra-high performance engineering materials in the military, industrial, aerospace, and commercial product markets.
CFOAM® Carbon Foam are enabling technologies for a host of next-generation material systems and components.
CFOAM can replace conventional materials in existing systems to increase product life cycle and to provide enhanced product performance properties.
Video Demonstration on Cfoam's Fire Resistence
Video Demonstration on CFoam's Impact/Strength Test
"This project will target applications capable of utilizing carbon foam at a large scale, transforming "coal" to "Carbon ore"
-This could potentially open alot of doors moving forward for CFO's Carbon Foam, as mentioned award negotiation process to be "completed within 75days" so that leave's potential short term news potential on the horizon
So based off this announcement we see CFO take a 10.24% Share in Innovaero, But then i look into Innovaero and what they do... That's when the potential get's very interesting.
Some snippet's to give you an idea of Innovaero & What they do:
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-"Innovaero are currently working with the Australian Government, the ADF, including the Royal Australian Navy, Australian Army and the Royal Australian Air Forces, as well as other related agencies, and several major defense prime systems integrators regarding future plans for Innovaero Fox"
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-Recent Buying:
We've seen Gary Steinepreis (Director) continue to support the company on 2x occasions this year alone, here are some of the recent notices:
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As well as Gary S buying, i've also spotted a Substantial Holder Notice from Muhammad Q.
What's interesting here is Muhammad Qubbaj from a Google search show's, if it's the same person...
-Managing Director at Gold Man Sachs Group
I like to follow the dots & follow the money, we're seeing Director buying with good $$ size, Company looks to be progressing based off my assumptions, speculation and interpretations of announcements (Innovaero & U.S Department Of Energy) lots of potential upside here with the market cap & potential future here.
Recent Media Coverage where, CFO has been mentioned:
Old Interview with Flemming B. Bjoernslev discussing Carbon Foam:
Full Disclosure: I've recently taken a position into CFO, This is all entirely my opinion and is speculation only, I may be incorrect in any statements made and am happy to be corrected if so & therefore is NOT to be used as financial advice at all.
(20min delay)