CFO 0.00% 1.9¢ cfoam limited

CFO, page-14

  1. 1,306 Posts.
    lightbulb Created with Sketch. 20
    Very first trade from memory was 60 cents and rose to 80 cents on consistent high vol
    It has slowly withered on the vine since due to mismanagement and failed promises like this Navy thing.
    Was the Navy contract a ploy to raise funds in the first place in a deceptive manner.

    The Placha boys were blamed and sackedand the big new hope was the new French jockey who so far has promised plenty and delivered nothing.

    So the 20 cent claim is rubbish, only recently dropped to that and this company has so far promised a lot and been a huge flop.
    So no sugar coating please.

    It is not cheap till they start producing results.
    Yes if they start producing contracts under the CFOAM banner and not touchstone then yes big potential but they cannot live on potential and mining pockets forever.
 
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Currently unlisted public company.

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