I made profit during the last ramp before the CR. But then I participated in the CR (stupidly) based on the hype at the time. I have since sold 75% of holdings at losses and bought into lithium shares and made my money back plus more. I kept 25% because I like the story clean energy. The way the Company is Managed though leaves a a lot to be desired.
In any other Industry and mostly any other Company if it fails year upon year to turn a profit while surviving on Govt grants and CR's there is NO way the CEO will keep his job. It is unheard of! I have worked in Mining and Oil and Gas for many years and when deliverable's are not met the person at the top goes, simple as that.
If they last CR was done at 4c instead of 6.7c then I wouldn't have been as heated.
I still want CCE to succeed obviously but feel changes have to be made. There comes a point when you all must ask yourselves: Will CCE make a profit under current Management? If so, when? As we all know they haven't after many many years.
GL everyone.
CCE Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
