There is hope that the uptrend will continue and here is why; back in 2016 CCE (ex CWE) was hovering around 5 cents at Christmas because people were excited about the Paris agreement. At the time we had no EMC business and people were still valuing the company at roughly 4/5 cents. Green companies were and are still in trend!
Then CWE became CCE and the acquisition lead us to roughly 7 cent. We drifted down but it looks like that there might be a chance to have people excited again. IF and I said IF the next couple of quarterly/annual reports improve, we should see something good.
I am not even talking about the risk of recession with the American economy... You know what they say, if America is sick, Australia tends to cough too. Frankly, we are still far off $1 per unit and that will not come anytime soon, only patience.
As usual; DYOR, do you own crystal ball reading and bourbon pouring
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