Realistically time to put this one in the bottom draw and bring it out again in September when we can all start the will they or wont they IPO marampa.
Markets have fallen over this May and CFE was too slow to get the IPO off and running. Should have been out in january, but now even if the ATO thing didn't happen, it would not be going ahead.
Hopefully in 3 months, the tax audit status will be clearer, MCC hopefully resolved and then hopefully Marampa the only game in town.
Panic selling today, which assume s that the ATO will win on all its cklaims. I doubt it. Will hold and await sweet September.
CFE Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)