It does stand out this stock, but we all said that before it got stunned with the hammer in the high 20's and had it's legs chopped off with every attempted run since.
Now we have these loans out of the way I expect that to turn, ultimately why I held through the recent down period.
I do think we deserve to have a much higher market cap on what we have now, even with the pre-flow risk, but my view is based solely on peer comparison as I'm not that well versed in the energy sector.
I believe however we can see mid 20's before fracking news and blue sky could be anywhere on good results.
I just hope management are satisfied with their current holdings and don't rattle the tin for anymore, buy them on-market you greedy pigs :P
CEL Price at posting:
21.0¢ Sentiment: ST Buy Disclosure: Held
