Completely random thought with no real basis beside gut feeling.
I have noticed that trading halt extensions appear to coincide with the Brexit vote delays, now that made me think what could the two have in common and immediately it is the value of the pound.
CFE has a long history in London with its "sophisticated" investors and previous shareholding. A stronger pound even by few pence would be a material impact to funding or acquisition of the asset from the UK, could they be stalling for this clarity? Personally i would like to think so.
I repeat, gut feeling only.
CFE Price at posting:
1.6¢ Sentiment: Sell Disclosure: Held