Shareholders want to see a buoy bobbing around in a puddle somewhere. We'll see it in March hopefully according the the Ann today. Hopefully someone posts a pic up either formally or informally that will spark some enthusiasm.
Oddly the news on CETO 6 being tested in 1/20 scale in March has had no effect on SP, are people that cautious or is timeframe? I suspect that the 19/20 timeframe is what limiting us ATM as people are unlikely to jump in now if they're waiting 18mths for a good result. They can play the market and comeback in 15mths and hopefully the microgrid revenue hasn't bumped the CCE price too much (nothing has moved it so far, but revenue is on its way still). 4cents is a very good price and something big is definitely coming... You would assume that a large positive SP movement would occur in next 2yrs. Hopefully microgrids add some value between now and then.
Perhaps CCE need to do some roadshows to get people watching them again. CCE need to keep on media radar by good marketing and good public relations i.e. open days etc. how much exposure would it be awesome if MO pulled a ceto5 unit around Elizabeth Quay for a day. It would certainly generate interest and possibly translate to new buyers picking up shares, which you would hope would drive the price.
SpaceX and tesla are continually doing media stunts or promotions to capture audience and create a positive market opinion. Surely CCE marketing could do this... Perhaps a few adverts on TV like the chevron ones where they promote were here for the future. Here's what we're doing etc... Even fossil fuels guys have adverts to try and sway people back to that obsolescent energy source.
CCE Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
