CCE 0.00% 4.0¢ carnegie clean energy limited

42c placement

  1. 1,820 Posts.
    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.

 
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