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4.0¢ carnegie clean energy limited

Ann: Voluntary Suspension Extension Request, page-7

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colshrapnel

243 Posts.

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15/03/19

06:09

Post #: 37768780
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Originally posted by Tizard: ↑

OK so how about this:
CCE make it Chrystal clear to SH that they are going to make a monumental shift in operations and put everything it has left into EMC. Sell off whatever it can from the wave energy side of things ( IP and whatever else is left) I think JB mentioned that CCE are no longer the forerunner in this space and to get back up from here with an unproven tech in a hostile environment is probably a bridge too far. Consolidate shares and Cap raise ( in the appropriate order) based on this scenario. Ditch the CCE tag and highlight EMC tag. Any revenue raised injected directly into EMC.
EMC works in a space which is proven, it has runs on the board but has a sh@t business model and the wrong people at the helm.
Maybe this is too hard for the board, maybe its easier to let it go into admin and start afresh somewhere else
Might have to think outside the box if SH are to have a chance at getting something back

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They certainly need to think outside the box now. Northern europe is probably best place for CETO to ever compete. Maybe WAVE Hub UK will take us back? Brexit is looking shakey. The EMC business has been nothing but trouble, I dont know if they can turn things around. A change of name might help.

CCE Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $13.91M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.0¢	$2.209K	54.92K

Buyers (Bids)

No.	Vol.	Price($)
1	603	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	262644	4

Last trade - 16.10pm 18/11/2024 (20 minute delay)

CCE (ASX) Chart