I have to agree that CCE has made many misleading statements to the market.
If CCE continues with the mind set that it can rely on CRs and government handouts, I don't see it surviving. The curent management surely realise this by now.
I expect the SP to hover around 0.9C until CCE makes the announcement as to whether it has satisfied the government that it can fund its share of Albany. If that's a negative I expect another huge sell-off, and administration is on the cards. If it's a go, the SP may recover a bit, bit I don't foresee any real recover until Albany is complete, if that indeed eventuates.
CCE Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
