The recent drop in share price prompted me to have a closer look at CFU with a view of picking up some shares if it was underpriced.
I've looked at its financials and also technicals and in summary: Fundamentally it is worth a punt, not only because of promising technology but also a strong balance sheet. Its past financial history however suggest extreme caution. Technically it has been oversold recently. The wait is for it to confirm the support or break through to lower levels.
More details, including charts can be found in: http://ozstock.blogspot.com/2010/02/lightning-analysis-cfu-ceramic-fuel.html
CFU Price at posting:
15.9¢ Sentiment: Hold Disclosure: Not Held
