CFU 0.00% 0.4¢ ceramic fuel cells limited

Re: "I think it's headed for $1 very soon"Whilst I would love it...

  1. TTH
    1,255 Posts.
    Re: "I think it's headed for $1 very soon"

    Whilst I would love it to do so, "tell them they're dreaming"!!!

    Have you worked out the market-cap that would place the company at?

    Years ago it was touted that the company would one day be worth $3-$5 dollars a share, and that was when there was just a third of the current share base. And that was an end-game costing.

    Hopefully one day it will get up to that $1 mark ($3 in old-speak), but I think you're either overly ambitious or ramping to call 'very soon'.

    Cheers.

    p.s. in more bullish markets, today's inclusion into the 300 club (or is it 'back into'?) would have done a lot more for the SP, as there would have been a heap of fund managers that could suddenly start trading CFU in their portfolios based on their selection criteria including top-300. It will still happen, but market activity dampens the impact a bit (how aggressively such managers act on it and how traders get excited by that prospect)
 
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Currently unlisted public company.

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