CCE (ASX) MO interviewed on The Business

Originally posted by Teddyward ↑

Mega

I'll have to be a bit blunt

Because of the smooth presentation of "facts" by CWE CCE and the subsequent downside price action over years I would have to disagree that investors are aware nor receive a balanced opinion.

IMO They keep presenting themselves a large infrastructure player , enviro, green etc etc etc and in reality they have become a grant seeking penny dreadful struggling to get revenue and in so many ways trying to get a new group of shareholders to invest at every stage

They have massive expenses and little income.

Add to that a risky strategy and funding the way they have and the result is reflected in the price over time.

All this supported by a band of people across so many areas of politics and media who refuse to point out anything bar a bright and rosy future either because of vested interests , paid , true believers , green evangelists , naive, fraudsters , enablers so little balance seems to appear . That's fine in the realms on a political forum but tragic when it is peoples real hard earned money.

IMO buyers and sellers can complain there is not enough independent information out there as the strategy is a moving target burning their cash on the way through.

Even large institutions get caught sometimes but at this speculative end of town there are serious issues IMO.

I am interested with your below statement just what information / trigger would ever make you reduce your position and for completeness have you ever done so and not announced it on HC. Only fair if you announce your buys to announce your sells particularly if they make up a large part of your portfolio?. What is your buy trigger price and are you averaging down as a strategy ?

"Having said that, I have a buy order in for a few more"

Expand

I have never sold a single CNM, CWE or CCE share, it is up to you whether you believe it or not.

At the moment I can see no compelling reason to sell, (why would I when they are starting to generate revenue for the very first time)?

If I had my time over, I would have loved to be buying my first shares now at 3 cents.

Can I ask what your interest in CCE is?

No.	Vol.	Price($)
3	609486	3.9¢

No.

Vol.

Price($)

609486

3.9¢

Price($)	Vol.	No.
4.0¢	6497	1

Price($)

Vol.

No.

4.0¢

6497

(20min delay)
Last 3.9¢		Change -0.001(2.50%)		Mkt cap ! $13.91M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.9¢	$603	15.38K

I have never sold a single CNM, CWE or CCE share, it is up to...

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