There’s Carnegie Clean Energy which is very, very tiny indeed and has been a shocker too.
It’s been a shocker, Alan, and without offering formal investment advice, I would advise people to look at what an extremely bad job that company did with one of its businesses over the last couple of years. For a very small company, they dropped $19 million in 18 months, buying and selling the business and had in my opinion, fairly minimal disclosure, to put it kindly, around the whole thing. No one’s been sacked over it, I think it’s a disgrace to put it bluntly. If I was recommending stocks, which I’m not, it wouldn’t be up on my list.
It’s good to know that my sentiments and that of many, many others is further reinforced by industry experts.
EMC and CCE need to be investigated by ASIC! Further investigations should also be centred very firmly on the exiting Executive Director Mr John Davidson.
CCE Price at posting:
1.9¢ Sentiment: Sell Disclosure: Held
