CCE
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7.32% 4.4¢ carnegie clean energy limited

42c placement

  1. crassus1
    1,820 Posts.
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    04/08/04
    19:57
    Post #: 536548
    Well CCE is going to fall to at least 42c now maybe even 38c.

    Th $10million will last em about 20mths since they burn $500k/mth + they have $3million still in bank.

    Look if CCE can make $10million/yr, 6cEPS than yes at $1/share they will be on a PE of 16.

    Thats if they can make $10million/yr in next 20mths or so... i doubt they will make half this.

    Which means at 50c will be overvalued.

    CCE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.4¢ 		Change
0.003(7.32%) 		Mkt cap ! $16.11M
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4.4¢ 4.4¢ 4.4¢ $58 1.325K

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4.4¢ 58919 3
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