What will it take? A few things:
1) Cost of sales is higher than revenues. BIG problem.
2) Wave project can't get off the ground. I've been checking in with Carnegie for over 10 years and they just get nowhere.
3) Market confidence restored. As you say, a major CETO announcement (don't hold your breath) or hard-cash profits (looking highly unlikely atm).
I've been saying for years that without a breakout on the business side of things, the SP will remain at the long term average of between 3-4c and this has proven to be true. It's a real shame this never got off the ground.
CCE Price at posting:
3.6¢ Sentiment: None Disclosure: Unspecified
