tubby this is a good point. If people believe a Fraud has been committed. They should gather evidence and go to the ASIC or police after they have sought clarification from conpany on their concerns. Perhaps the company can explain why things have happened and maybe the response can be used as further evidence if a person still believes the company is fraudulent.
If a conpany isnt disclosing it is it is not good. Sometimes they don’t have anything to say and some times what they have to say could be damaging/ adversely affect SP. when they are quiet, often the SP gets damaged as people start to get fed up, vent, speculate and price slowly bleeds. Often companies will state bare minimum in disclosures which often is detrimental as people think they are lying. Basically what happened here over last 3-4yrs. When things are going good you hear a lot when it’s not things go quiet. Full and continuous disclosure is welcomed but is not often given fully. “commercial in confidence” is what annoys me as companies can use this to not say a thing,
Hopefully the CCE directors can sort something out with the disposal of EMC and it doesn’t adversely affect CWE business going forward.
CCE Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held