There's a lot of Monday's Experts selling out right now..CCE price rose soon after the announcement. If this is such bad-news then why weren't there more sellers in the wake of the announcement..or even yesterday when the SP bumped up towards mid 2's again..Selling now (to me at 4:10 pm at 1.6c yesterday for that matter) at approx half the price is bizarre..Maybe TAG got a good deal..if their SP rises we'll have a decent stake of that.
I'll buy more today (lower) if sellers oblige..why panic sell (delayed-reaction days after the news) just because short sellers have been emboldened..after panicky CCE retail-sellers have dumped..then whose left to sell low to the insto's for their short covering..If the price doubles again (over next few weeks) there won't be any reward from lawyers' actions..it's not so bad: the capital-raiser was well funded and we can focus on our core specialty CETO..a World beater in progress
CCE Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held