I like these games. I'll have a go.
The ASX is running on nicely this arvo after what was a big down day yesterday, so this must be considered in any guesstimate.
As I see it, there is little to concern this fledgling company based in an Emerging Market, as it rises to soon be recognised as a mid-tier producer/exporter. Indeed the demand is rising and the interest in EMs is increasing even if some major markets might soften along the way (arguably).
Today we have discussion re broker reports, media attention, new investors, no churning to speak of (that I can recognise).
Will CCC crack 10 cents in weeks as the flow of announcements continues according to our resident psychic (who has a 100% record re these things, if not always to the day)? An unequivical yes from me.
Today I see CCC closing well above 300m shares traded and with even a hint of last minute profit taking, we will end above 8 cents, I reckon.
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