29 cents isn't in the money yet even though the manipulitive BOT is trying to push CFE's price up today. The BOT is buying at .225 possibly to try and make it look like the SP is increasing today. However the last few sales I would have to call real sales, of some volume, are happening at .22 cents. Unfortunately for us suffering shareholders (including the board members)there appears to be very little confidence in CFE at the moment. Until we hear from the ATO, hear positive news on MCC and positive news on sale of Marampa or Pinnacle I think this could go even further down.
Further drops in price would present as a buying opportunity for those with spare cash. Unfortunately I'm not one of those.
I still think long term future is rosy and will continue to hold for that day.
CFE Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
