Plenty of promising projects but no meaningful income. MO spruiking up big projects but a smokescreen saying Feds & LLC involved. I was roped in, but sold at varying stages during the past 12 months.
Directors never bought any stock which I flagged on numerous occasions which prompted me to sell down.
I did sit at shareholder 28 early this year with over 6 million shares.
I dumped 4.67m today alone to belt the price but I have the backup to be able to withstand this early july 2018 write off.
I would not have sold June 29 2018 and crystalysed a loss even if that meant making an extra 12 or 15k as I can pick this amount up in other stock trades over the next 12 months.
Let Mega respond when he has time as there is still some dwindling hope in CCE.
He is to be applauded for his research and knowledge but many stakeholders appear to have been deceived along with Uni's, Feds, DoD as to projects & timelines.
I still have great faith in the stock having held for 10 + years but I'll sit on the sidelines for another lower entry point.
Hmm Telstra FF dividend at approx 10% return looks like as place to park some cash and go on as caravan holiday!!!
CCE Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
