CFO 0.00% 1.9¢ cfoam limited

Ann: CFOAM receives commitments to A$2.125m share placement, page-42

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  1. 213 Posts.
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    I have some minor education and experience in the area but no expert by any means. The market to me seems irrational sometimes, so I just look at numbers. CFO, I like the potential of the numbers and the company goals. Like many posters here point out, most companies on asx are just ideas. CFO is a reality, physically producing with money coming from products. With scale up the metrics will change and I believe it will be profitable. Having a reason written on paper why to own part of this company has helped, I can sit on such a huge paper loss and still sleep at night because of it. I'm sure stop losses would have saved me lots of money but I genuinely believe in the product and the management seem to as well which I like. Hoping it drops to 10c though, would love to drop the avg by my next buy in.
 
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Currently unlisted public company.

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