CCE 0.00% 4.0¢ carnegie clean energy limited

Wonderfully optimistic Tizard but sadly wishful thinking. EMC is...

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  1. 280 Posts.
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    Wonderfully optimistic Tizard but sadly wishful thinking.

    EMC is not a sustainable business and hasn’t been for many years. Sentiment in the RE industry of those I know is not positive, contrary to the glossy marketing.

    Poorly delivered projects, projects not delivered on time and very clearly a business that has no idea how to make money.

    There is a reason MPower decided not to proceed (despite the fact CCE were literally giving it away). I would be extraordinarily surprised if it is trading solvently right now. I would be even more surprised if someone “purchased” it.

    EMC is dead and it is sadly the reason CCE are in this dire predicament.
 
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