CFE 0.00% 0.2¢ cape lambert resources limited

Ahh. Sorry M71. Wrong impression given. I am 100% with you. Been...

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  1. 114 Posts.
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    Ahh. Sorry M71. Wrong impression given.

    I am 100% with you. Been in a few years and haven't sold any. Came in near the end of a buy back during 2013/14 and received a dividend late 2014. A second dividend was to be given, but they scotched that due to the resource sector downturn being imminent.

    Yes, CFE has been in the resource sector downturn of the past 3 years or so. However, they saw it coming and put everything possible to sleep. No cash raises involving the Punter. No ridiculous performance shares issued to management. Incredible performance here in my opinion for small ASX company. Especially, when you look around and see all the cash raises (some multiple times), consolidations and back door listings. I haven't been asked to stump up one cent for CFE to get thus far.

    Waiting for the "milestone" announcement.
 
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