The company is currently considering a relocation of its head office to Austria.
The company claims that large parts of its free float are located in Europe; and trading activities in Australia and Europe suggest that this ratio will be further shifted towards Europe in the future.
Moreover, the project receives much attention and support from various political and industrial levels in Europe.
Once the company is based in Austria, negotiations concerning subsidies, offtake agreements and other cooperation opportunities will be further simplified.
The company promises that this step would be implemented 1:1, on a neutral basis for its shareholders.
CFE Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
