With less than $3M cash in the bank, it would appear that any acquisition would need to be funded via a share issue.
May explain the fall in price of late????
Disclosure - My interest in this is by way of holding in CFE so certainly hope that the news will be good.
trading halt pending announcement, page-3
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.75M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $24.12K | 1.608M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1652239 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 250000 | 1 |
View Market Depth
| Last trade - 15.53pm 18/11/2024 (20 minute delay) ? |
| CXU (ASX) Chart |
