TS and Timis appear to be as thick as thieves and I think this is contributing to the market avoidance of CFE. Forget about Timis heroin convictions,although they dont inspire me with confidence, the real concern is his propensity for "guilding the lily" when it comes to promoting his investments and reporting to shareholders. That is why he got banned in Toronto and here on the ASX. I am also very concerned about what I read in the last couple of days about TS involvement in Timis companies whereby TS was being paid to get the share price to a certain level.
I am sure someone else will have the details of those arrangements, but personally I think directors getting paid for share price targets should have been banned by ASIC years ago. It was one of the major reasons behind the dotcom bubble. Any good spinmeister can get temporary share price hikes, real performance should be based on real earnings per share, or other tangible accomplishements such as projects completed etc.
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