thats been the argument for about 18 months but it has yet to trade anywhere near that value (well except for the period of the disastrous share buy back)
CFE is in the business of buying and selling assets
the sale of Marampa has been ongoing for about 12 months. Obviously they havent found a buyer hence the market attributes very little value to it. The IPO market is shut too so they either pour more money into it or pray to god someone comes along and buys it
CFE has always been an insiders stock too, the fact that its going down when the market is going up and after good news should tell you that the sale of Marampa is probably no closer than it was 12 months ago
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thats been the argument for about 18 months but it has yet to...
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