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4.0¢ carnegie clean energy limited

Ann: Letter to Shareholders Regarding Consolidation, page-16

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FrankieAlfie

2,695 Posts.

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18/10/23

20:32

Post #: 70414504
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Originally posted by Teddyward: ↑

I think it reflects teh size of dillution oand raising that will be required in the future . hey have worn out welcome with small holders and no insto support so are doing a hail mary and giving all current holders a bitter pill in one shot. They will then wait a period so it is " forgotten" , have some prospoective good news with follow up news flow and try and raise off the back of that probably to save costs to 708 investors only . It will run down in price till then and then it will pop back up on issue an dnews and then 78 will sellinto liquidity and piss off to next stock. Small holders will be left in same wilderness with little liquidity .. Oly other option is a offshore investor coming on board as they ahve a project that requires something CCE have

Consolidations are grief for small holders unless company has huge news and newsflow to hold up price and keep holders engaged. .

Just my thoughts and all IMO

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They are in such a crap position (self inflicted). The share price was struggling to get out of the .002 range. This consolidation was necessary but unfortunately SH get burnt. I have no doubt that a CR will follow perhaps aprl/may. and it will drift southwards unless major partner brought on.

CCE Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $14.64M

Open	High	Low	Value	Volume
4.0¢	4.0¢	4.0¢	$49	1.224K

Buyers (Bids)

No.	Vol.	Price($)
2	32522	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	5432	2

View Market Depth

No.	Vol.	Price($)
2	32522	0.040
2	621317	0.039
5	739854	0.038
3	161047	0.036
3	35786	0.035

Price($)	Vol.	No.
0.041	5432	2
0.042	12547	1
0.043	129423	2
0.044	105000	2
0.045	73555	3

Last trade - 13.51pm 14/11/2024 (20 minute delay)

CCE (ASX) Chart