The Loathe-o-Meter feels almost as if it is red-lining for this company.
The stock has basically gone "no-bid", so I don't mind saying that I've been providing some of the exit liquidity for those who have been doing what appears to have become rather indiscriminate selling.
With the EV now at somewhere in the mid-$60m level, that is finally starting to feel to me like a reasonably-priced option relative to the chances of things getting better for this company. (In fact, I don't thing they need to get a lot better for the share price fortunes to turn from noxious to favorable - just less worse would do it).
.
CCR Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)