CFU 0.00% 0.4¢ ceramic fuel cells limited

Again, I dotn see the reason for any form of cash raising for...

  1. 10,570 Posts.
    lightbulb Created with Sketch. 24
    Again, I dotn see the reason for any form of cash raising for the foreseeable future. Thats my take and to me thats a positive.

    The 2nd thing is that production is ramping up for future orders so the parts and components holdings expense was large.

    3rd. Some considerable sums (was it north of $800K ?) on the plus side was mentioned but COULD NOT be included.

    Yes the settlement was a considerable plus.

    The income in previous times was unreliable but according to CFU the future incomes will becoems more and more regular.

    So my take is that the company either turns on good prospects and orders or (not my opinion) it sinks on pittiful orders.

    Its really a choice which I have taken

    You are correct though that its dumb to buy whilst the trend is down. Was silly of me.

    However I have been watching the trades and there is of course net selling but there is no capitulation at all. Folks keep coming in for more. This instrigues me and makes me think that at this point I am not alone in my view.

    Time will tell - it always does.

    PS if she turns I will join you with some more purchases lighthouse
 
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Currently unlisted public company.

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