CFE 11.1% 0.4¢ cape lambert resources limited

dump deal by directors.....

  1. 922 Posts.
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    I am a large holder of CFE.Why sell 100% ownership of an asset worth $60 billion dollars ( 1 billon tonn @$60)for for $400 millon.A 50% ownership deal with the Chinese (and them providing cfe with a finance package )would have been the way to go,this is a typical dumb,dumb,dump deal of Australia "selling the Farm".Lets hope the FIRB are on the ball and stop this deal....as the Rudd government has indicatered they would.
 
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