CCE 10.3% 4.3¢ carnegie clean energy limited

Aidan Flynn, CFO or Company secretary?, page-37

  1. 280 Posts.
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    Most certainly should not be hearing this from other boards. It is highly improbable Aiden is holding two CFO roles, that would be extraordinarily unusual and frankly as shareholders we shouldn’t stand for it.

    Usual issue with CCE and lack of disclosure. One can only speculate which just brings about confusion and uncertainty. I think Shaftoe is right, it’s about time someone has a word to ASIC.

    This move strikes me as a rat abandoning ship. At a time when Northam was supposed to have started and given the loss we took LFY, coupled with dwindling cash reserves, I can’t help but feel Aiden may realise the writing is on the wall. He of all would be better placed than most to understand our position. I haven’t bothered to even think about this stock for the last 4-5 months but aren’t CCE very close to being out of cash? Given the current cash burn, maybe 1 or 2 quarters?

    Starting to look suspiciously like a dead duck unless something dramatic takes place.
 
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