I agree, I don't think CFE would go the takeover path. They will be looking at capitalising on their investment at some point.
There's a seller lurking today but seems content with 2c. I'm a buyer at 1.5 if someone wants to dump but no more until I see progress.
Tried to get in touch with the company but they don't want to know about it. I bet they would change their tune if I had a lazy 5 mil to invest. Not good enough.
Once we get some cash it'll be off to the races but until that happens we're in neutral.
I agree, I don't think CFE would go the takeover path. They will...
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