Australia's largest stock trading and investment forum Australia's #1 stock forum

CCE

Click for more information

0.00%

3.9¢ carnegie clean energy limited

Is it possible, just maybe, that LLC will act as Funds Manager...

First 10 Last

Share
Profile

Follow
Bakmaam90

951 Posts.

45

12/03/18

11:13

Post #: 31683721
Share

Originally posted by matkhour ↑

They can put all the meat on the bone they like, (while this is great news) there is absolutely no cash to pay for any of it. Mungari or Kemerton. And given how much of a drag the Northam project has been, even if they did have the money they won't be up and running for years.

The only way is through yet another dilutive cap raising and why would you bid up a stock just before a discounted cap raising?

I wouldn't want to be the 1.6m buyer on friday, perhaps he/she knew about this news and thought there would be a nice pop in the price but they most certainly will get a call from ASIC with a relatively large parcel bought so close to a price sensitive announcement. Plus they are underwater anyway a 4c.

Expand

Is it possible, just maybe, that LLC will act as Funds Manager considering they are in the thick of it. For a joint venture then one could expect them to contribute into the Capital required.. at a few of course! Just throwing around ideas

CCE Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CMX

'No escrow?': HotCopper questions Greentech's $1M drill-for-equity deal

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MXO

Sparc teams with Santos to trial 'eco' anti-rust additive at Port Bonython

There are more pages in this discussion • 51 more messages in this thread...

First 10 Last

Add CCE (ASX) to my watchlist

(20min delay)
Last 3.9¢		Change 0.000(0.00%)		Mkt cap ! $13.91M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.9¢	$12.59K	317.8K

Buyers (Bids)

No.	Vol.	Price($)
2	491979	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	262157	4

Last trade - 11.38am 20/11/2024 (20 minute delay)

CCE (ASX) Chart