I agree with your summation unless they can pull a rabbit out of the hat. What angers me further is that maybe we could be cashflow positive. These guys have been all over the shop with their direction. Tendering for battery deals that they were never going to get, stuffing around with CETO (to the point they actually considered dropping it but no mention to share market that review was taking place), Etc etc. I just don’t think mo is a good business man. And this isn’t about more time I’ve been saying this for a couple of years. A more focused approach bringing the technology to market could well have had us cashflow neutral at least.
CCE Price at posting:
3.8¢ Sentiment: Sell Disclosure: Held