I think you have that slightly wrong - that 7c was after price rose by 11% today.
Seems clear to me CCE will run out of cash soon. As far as I can see cash at beginning of year 5 + SPP May 5 - loss/year 11. Another SPP was not on cards even before this because of lack of progress. Strikes me that MO is not the person who should be leading CCE, but to be fair only about 0.3% of capital sold so what the large shareholders think I don't know.
In my opinion there is nothing like actually getting something in the water to get the pulses quickening. You can do loads on computers, sure, but it needs that real life experience to get things going, get ideas, find failure modes.
Work began in 2013 on the next generation CETO 6 design according to website. That is as long ago that it took to fight the second world war. Just so glad MO was not in charge then.
CCE Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
