If I recall correctly, the break even point of 2500 units is expected to occur in late 2013. There has been no indication whatsoever that any big orders are coming.
So what does this mean for the SP in the interim? More importantly, will this mean another cap raising later this year and further dilution of the SP?
Regrettably, it would appear that the fundamentals in the interim are pointing in the same direction as El Capo's charts.
9.5 cents appears to be the new support level (and perhaps due to the multiple of 0.005)
I hope for all of us, the above does not play out and something substantial occurs.
CFU Price at posting:
9.7¢ Sentiment: None Disclosure: Held
