CFU ceramic fuel cells limited

It's been a while since I looked at this stock. I thought they...

  1. 2,904 Posts.
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    It's been a while since I looked at this stock. I thought they would go down the toilet with the management change and that's exactly what happened. Still no sales increases and no mass production capability (not that they need it with no sales being made).

    It looks like it doesn't matter how many units they sell anyway, the cost of sales are much higher than the price of the units. With the units priced too high anyway, CFU have a massive problem here, one that Locke & co haven't been able to solve in two years.

    I don't know if there has been any progress on the mCHP's which were due for commercialisation in 2014 but I wouldn't hold my breath. This company has failed in every sales initiative and larger commercial contract they've attempted. I can't see that changing.
 
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Currently unlisted public company.

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