Does any one know of a recent broker report on CFU?
I see 1.2 billion shares on issue and a whole lot of development costs. I have no doubt that CFU is a very good long term investment; but how does it compare with other long term investments, or short term investments for that matter?
At 100,000 units per year (not over 6 years) and with of profit of say $3,000 per unit (this is a guess I have no data) is 25 cps income. With a million units per year, which given the trend towards more efficient energy production and the use of natural gas as opposed to coal, is not impossible, means $2.50 per share profit.
I think that CFU is something one puts in ones superannuation portfolio with the prospect of a decent income sometime in the future and it has little downside risk over the longer term.
As ever, critical comments appreciated.
CFU Price at posting:
13.7¢ Sentiment: Hold Disclosure: Not Held
