CFU 0.00% 0.4¢ ceramic fuel cells limited

Poorman. My unqualified opinion is that the fuel cell side of...

  1. 5,536 Posts.
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    Poorman.

    My unqualified opinion is that the fuel cell side of the business is finished but, there are moves afoot to consolidate the number of shares on the register to a more realistic number in order to restart the business as a new identity in another field.
    That new field could be Tech, Mining, Finance or any thing that they feel they can make a go of.

    As a shareholder it is likely you will have shares in the new identity however, it is also likely that we will all suffer a huge reduction in the number of shares held, as I think that the consolidation is in the order of one new share for every fifty you already hold. ( 50/1 )

    The company is not yet dead but it is bloody sick.

    This should not be taken in any way as financial advice as I am not qualified for such. Contact your stockbroker or accountant.

    Lockitt
    Last edited by lockitt: 07/01/19
 
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