Everybody should have known or highly anticipated a SPP was coming as the revenue figures indicated $$$ were tight and DoD contracts are notoriously slow. Not to mention almost everything CCE do is relatively new ie Northam PPA or spot pricing, Delamere, Muchison, Kalabarri....
The chance was there to arbitrage at a higher price any percentage of your holding at 3.5 or 4 cents in recent months and wait for a SPP which is always touted as some discount to the 5 days previous average price blah blah....
It's the risk you take or the FOMO.
Always good hearing differing opinions on this CCE forum though
CCE Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
