CFE. Just received $52mil cash on settlement of court case. Has...

  1. 786 Posts.
    CFE.
    Just received $52mil cash on settlement of court case.
    Has 100mil in cash, receivables and listed securities.
    70mil in unrestricted cash.
    75mil MC.
    Board meeting today or monday for redistribution of settlement to shareholders.
    Chairman is the biggest shareholder so will no doubt look to distrubute a big divvy.
    Divvy in the range of 3-5cents reported to be distrubuted.
    Cannaccord has a target of 37cents on CFE.
 
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