Hang on a second, after reviewing the purchase media my dodgy old memory is still serving me alright.
He did only spend "15,000 or so" to get the media announcement of him "doubling" his holding.
At the time I got moderated for using a profanity but the message was - twice a pittance is still not a substantial holding.
If you want to discredit me, please find something real to do so with. But more importantly, I encourage you to put a candle to CFE and just use your eyes to see what is there.
You wonder why the shareprice is not rising with the potential, financial analysts for brokers keep away from stocks that have a balance sheet which is so high risk and the outgoings on director salaries alone would have seen them close the door long ago if it wasn't for the cash injection of the mysterious investors.
If they truely believed in the assets and were invested they would themselves on a performance based renumeration with a retainer tha far exceeds current salary. Right now it is just putting the company at risk.
CFE Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held