CFO 0.00% 1.9¢ cfoam limited

Ann: CFOAM Quarterly Activities Report, page-58

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  1. 849 Posts.
    lightbulb Created with Sketch. 7
    Quarterly was too good to ignore.

    Dont forget the cash receipts are also reported in us dollars so at current conversion sales were $600k plus. Would be nice if the aussie dollar could come back down to earth and help the numbers out even more next quarterly.

    Im expecting sales to be between 600-700k US this quarter with touchstone to hopefully add some cream on top. If they make those numbers and continue this growth the market will have to take notice.

    Any news on the US Navy this quarter and who knows how far this will go.

    Entered at .33 and gave it a little push to .43 today to see what supply came up, expecting a test of 50 cents in the coming weeks if we can bust through the .45 resistance.

    If anyone has time to listen to the conference call on Monday and post some notes it would be very appreciated!?
 
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