I was talking about giving up on GSL, not CCE. I have held and participated in the CCE CRs for years. CCE have made no growth in shareprice this year because they haven't progressed anything materially, and EMC under achieved significantly (it was supposed to be a short term cash generator).
Once they actually nail something sure it will be happy times ahead. I agree they have lots on the go, but everything is 6m-2y late that's all. Not necessarily their fault in most cases, but more communication to shareholders would stop people giving up and offloading. It still isn't clear if the theoretical competitive advantage they have in microgrids actually counts for anything and brings in profitable projects. Lets hope this drastically improves next year.
Unfortunately I just have no more capital to allocate to CCE. They have plenty right now. 12c was an arbitrary milestone price for me btw.
CCE Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
