Hardly a startup Mega? CCE have been at it for decades with significant support from government and the market and to date it has translated into nothing. The only reason CCE have been able to survive is because of the generosity of shareholders and the government. What i and many holders are trying to understand is when it will equate to something meaningful. And by that I mean not paying exceedingly generous salaries to executives who haven’t delivered a thing to shareholders. Unlike most on here I don’t follow blindly the garbage that is fed to shareholders and I don’t hypothesise around potential possibilities that if you actually understood the market are whimsical at best. I deal in facts and figures. In the absence of those, I do due diligence by speaking to people on the ground. While this company continues to perform in the manner in which it does, shareholders have a right to be frustrated. Reading the article last night just fuels that fire.
CCE Price at posting:
2.7¢ Sentiment: Sell Disclosure: Held