Sooner rather than later is not possible in wave technology, if you follow history.
Assessing CCE's development and financial position right now will not give you an accurate picture of where they are at.
Better to wait and see what the thirty collaborations that CCE are involved in, gives us as our final product.
Likewise, with the financials.
An accurate picture of where they are at cannot be made until after the ATO has sent out their cheques for the research being done.
From what I can tell, most of the research collaborations that CCE are involved in are at least two or three years old. Most of them are at (or near), that time when their findings can be gathered together to produce a wave energy device that works.
Actually, we want more than for it to just work.
We want it to be so damned good, every country that has good wave resources, will want ceto wave energy farms off their shores.
To own shares in this company requires an immense amount of patience and trust. The last few days trading has shown that quite a few have run out of both.
As for me, I have not come this far just to give up when I think they are about to deliver.
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