Just thought this might be handy. If you can fill in the blanks it would be much appreciated. My two bit on the share price discussion is this:
1. I agree that MO announcements have probably been a bit like the "boy who cried wolf" scenario. The market will respond when there is a clear figures that show exactly where the company is at.
2. The company's share price is probably where we want it to be! I know, I know. Let me explain, the broader market has not woken up to the income streams that are coming to CCE over the next 6 -18 months. Perfect time to accumulate.
3. There is a heap of shares on offer (2.8 billion). I wonder if a consolidation is in the pipeworks? While there are so many shares it is hard for it to take off.
4. Calculating potential revenue is difficult for these projects. They have multiple streams for each project. I think we might be pleasantly surprised by how much income they generate.
5. I'm a critic of MO, but credit where it is due. These projects are building a portfolio of work that will make CCE profitable. The key one is the Mungari. Projects that size will generate the revenue we need.
6. All of this is without mention CETO 6.
CCE Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
