CFU 0.00% 0.4¢ ceramic fuel cells limited

rebound

  1. 4,436 Posts.
    lightbulb Created with Sketch. 582
    I'll go out on a limb and suggest that CFU will be at 26-27cents within 3-5 days My reasoning is too simple. Firstly there is just so much positive movement in the lead up to Copenhagen. Secondly, the likes of USA, UK, Germany France and China in particular (along with others in the G20) are committed to large-scale greener technologies and infrustructure spending. Thirdly, the ASX correction over the last few days has been broad. The correction is largely based upon profit-taking and the global seasonal correction. Lastly, CFU stands to trigger the AGM, European certification/approval, the Sept Q cashflow was positive, the company is well set to avoid any capital raising for at least 18-24 months and the VicUrban demo installation is imminent (along with a variety of MOU's/agreements in place).

    All of which all suggests to me that the sub 25 cent price is there for but a blink of the eye.
 
watchlist Created with Sketch. Add CFU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.