I suspect that CCE are headed in the same direction as the Minas Basin Tidal project headed by Ireland's OpenHydro Group Ltd.
ADMINISTRATION.
If I were MPower I would hold of on making the acquisition of EMC and then pick up the crumbs through the administrator.
I cannot see anyone (government or shareholders) giving any more money to these clowns. What a debacle this has turned out to be.
I suspect CCE will struggle to make it to Christmas now.
Even the McGowen government are suggesting this is 10 years off commercialisation. 10 YEARS???? I thought CETO 6 was supposed to be a commercial product? Now the language has changed and we are seemingly still in developmental stages???
Shareholders have been duped. There is no doubt in my mind this will turn legal if the business goes under.
Well done ABC for airing this! I firmly standby the fact that we would all be none the wiser if it weren’t raised by the investigative works undertaken by the reporters.
I also applaud the CCE shareholder who had the courage of conviction to speak to the ABC. Well done. More people need to stand up.
Shareholders need to hold the board (past and present) to account.
If I were a board member of MPower, I would be truly terrified about what you are getting into! As someone rightfully pointed out, past behaviour is a good indicator of the future.
It’s a bloody sham!
CCE Price at posting:
1.2¢ Sentiment: Sell Disclosure: Held
