This stock feeds off wave energy results. We are all waiting on ceto6! The imminent scale test of ceto6 should start things moving but based on last wave news it may not - this is probably due to the lead time of 19/20 summer install window for albany! It would really be great for CWE to get Albany in the water ahead of schedule as it would give financiers and shareholders a big surprise.
Micro grid haven’t shown any results (nothing has been formally completed by EMC on any of their projects) that are worthy of a price increase. . I suspect in about 5weeks when next quarterly is disclosed the share price will start moving - rather than continuing it stagnation.
CCE Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
