CCE 4.65% 4.1¢ carnegie clean energy limited

Ann: Entitlement Offer Update and Notification of Shortfall, page-12

  1. 236 Posts.
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    You are so right! If you partook of the Right's Issue you only need between ~800% and 1,100% (fact if you've average buy price before the CR was ~$0.05) - so much better (than needing a mere 2,000% increase to break even).

    Luckily, if you partook you'll soon enjoy a consolidation which should simplify dealing with the massive number of shares on issue and held by individuals and as the share price falls immediately after that consolidation that will also make the numbers easier to understand.

    The good news is that the SP rise is definitely achievable since it is totally unrelated to having an actual working/viable technology or an actual product that generates sales. Just a really good, blue sky ("the global market is this big because there are islands and there's a lot of water around those island" and "Network operators and other energy players around the world are really interested in our technology but we can't tell you who they are, commercially sensitive (and embarrassing for them)")

    It will be super refreshing, exciting, and novel, for shareholders to see revenue in the P&L going forward from energy sales to DoD from Garden Island solar farm.

    There is so much to look forward to, there's so much to hope for


 
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