No not really. Current value of CFE ASX listed investments valued at SAUD24.56m (as at 01-12-17 Close.
CFE market capitalisation is $AUD24.2m. So value of CFE business is negative.
EUR portion of CFE's capitalisation $AUD17.64m.
Now the lovely deal for TS (and other director) got 733,333 shares at 4.5c the other day in lieu of cash payment for directors fees of $33,000.00 but already worth $183,333. Cool $150k.
This is not new.
CFE Price at posting:
2.9¢ Sentiment: None Disclosure: Held