I'm buying..so thanks to the obliging low-ball sellers I originally bought into Carnegie Wave Energy as a pure-play wave energy pioneer..I sold most of my holding at 7 cents when we 'lost our way' and got distracted trying to be 'all things to all people' tied-up with Lend Lease & EMC. I've always supported capital raisings and will do again..We're a startup with exciting technology..it's a punt on the future. Australia is an island continent and all our major-cities are dotted around the coastline.
With a share-price around 1 cent I get to buy back into a wave-energy specialist once again..Carnegie had a crack at the wider picture & if the South Australian government had 'given Aussies a go' CCE shareholders may well have been celebrating right now with SP north of 10 cents..However we're back to doing what we know best..so I'm buying and all power to CETO GLTAH
CCE Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held