CFU features in Criterion by Tim Boreham in the business section of The Australian today.
Basically says cfu got $3 million settlement from legal action against dubious financial advice, but was chasing 25 million.
Andrew Neilson dubs the settlement pragmatic as the losses were written off in last year's accounts.
Says cfu has been busy lately selling units to big power companies in the US and Japan, but the sales to date are really try-before-you-buy arrangements.
Says we should know in the next 12 months of so if the company hits pay dirt, which is more likely to be in energy-starved Europe than here. Speculative buy maintained.
CFU Price at posting:
20.3¢ Sentiment: LT Buy Disclosure: Not Held
