I used to think that cce were being ultra cautious by not deploying in reality. Just in case a storm came and destroyed the infant and trashed the company. Then came ceto5. They managed to keep that one quiet for a while. However Emc has pretty much trashed the company because of a storm of hubris.
Still back to ceto now. Question is has the management got the cohones and money to get on and actually make ceto6 which has been in design since God knows when. MO must know that another SPP will not work, unless of course he buys and pays for his own substantial shareholding.
It's a shame, when I invested many years ago I thought there is a chance this could work which would benefit us all, but instead of trying their best and being honest with us, management seem to be opaque and just maybe have used it to extract money from us knowing it will never work. Bit like some mining shares I suppose. I hope not.
CCE Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
