It will be imperitive that the Federal Government provides a substantial grant for CNM or they risk losing the technology to overseas parties. I too believe that there is far more money going to be made available for the CETO technology from governments around the world. If an approach was to be made for the company today what would happen, we would lose jobs through the units being manufactured offshore and it would be just another in a long line of developments that Australia has lost.
I believe the current share price is very cheap considering the global potential for the company. I don't think an offer of even 50c a share at this stage would be enough to take it over as there is much more potential there. Once things start moving closer to final development and deployment CETO will be HUGE, the global market for this technology is massive.
CNM
carnegie corporation limited
It will be imperitive that the Federal Government provides a...
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