Sorry but with respect I don’t follow your line of thinking Shaftoe.
Having a company with such promise and so many irons in the fire could not be a better stock to hold. There are so many companies and individuals wanting microgrids it’s almost impossible to keep up.
The price at 4 cents is a screaming buy I think for a stock in a market that is on an exponential curve to save humanity from itself.
If it was 12c you would be really happy but you would only able to buy a third of what you currently can. But would you sell now if it was 12 cents or 9c.
CCE have plenty of money in the bank would not look to risk more than 30% of capital held to kickstart a project such as Northam.
I certainly didn’t buy my first house with 100% or even 30% deposit. They need equity investors to minimise capital outlay and reduce/contain gearing moving forward.
My thinking is when you are REALLY pissed off with the low price but know the great potential is still in play ....BUY.
Nothing has changed for the negative for the many projects being developed & tenders analysed since the start of the year when the partnership with LLC was brought to fruition.....only delays in delivery in an unfriendly, hugely lifestyle altering disruptive energy market transition and an unfriendly federal government.
It’s only the sellers who have driven the price down, all future project news & new bids to investigate has been positive.
I say take advantage of the price at its current level everyday you can.
- Forums
- ASX - By Stock
- Ann: TNG: TNG Moves for Renewable Energy at Mount Peake
Sorry but with respect I don’t follow your line of thinking...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCE (ASX) to my watchlist