PNC and CLH are, I think, CCP's only competitors who are listed on the ASX, and they are both in diabolical trouble. CCP will have an easier time for the next few years in Australasia with CLH and PNC unable to secure the funding that they would need to continue as before. In the USA CCP is a minow in a big pond, but by transporting its successful profit-making formula to the USA, it should do well there.
The SP may well drift up to $30, and then recalibrate when the next "Guidance" is released. I bought 4,750 recently at circa $11.50, so I am happy with that, except I would be happier had I moved quickly and bought at circa $7.00.
CCP Price at posting:
$18.03 Sentiment: Buy Disclosure: Held
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