BBB as you know many months ago I always stood up fo CCC.
But you can't just keep blaming bots and algorythmic trading. There are heaps more stocks with massive volume that they can trade throughout the ASX and throughout the world and they do.
There are many reasons why CCC has pulled back so far and once you start looking from outside with emotions removed the reasons are oh so obvious.
The Fundamentals are still very good IMHO and have been for a long time otherwise I would never have invested.
But the questions that have been flogged to death still haunt CCC.
When pofits are retained and managed correctly then maybe a strong institutional buyer will invest LT. Until this occurs and their are some really strong forward movements I believe that CCC will remain below .02 that's right in perspective with share placements CCC is only a 2 cent share in LT holders minds and it will take an awful long time until that sentiment disappears.
As I've said in the past I feel sorry for hurt CCC holders including myself but we only have ourselves to blame.
It's about time we all accepted that the fault is ours, we can't blame management regardless of what our opinion is just because we didn't press the sell button.
Let's face it all holders who've held on since the 7's to 9's (now 90's) we stuffed up and we traded poorly. There is no other excuse so take it on the cuff whatever you decide and move forward from here.
GL everyone, in whatever you trade or do.
Just IMHO, DYOR.
CCC Price at posting:
18.5¢ Sentiment: None Disclosure: Held
