CCE 8.89% 4.9¢ carnegie clean energy limited

It is not a conspiracy it is a fact.Facts The market cap doesn't...

  1. 9,157 Posts.
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    It is not a conspiracy it is a fact.

    Facts
    The market cap doesn't change
    The number of shares does
    It just allows a different pip value
    Some brokers convince companies that they won't be seen as a penny dreadful if they consolidate
    They do this in general while offering them services leading to raising. Their clients don't like confetti issuers.

    Lets be honest about the history here
    IMO management issued massive numbers of shares and options after having paid themselves very well and done a failed strategy.
    They need cash to move forward
    They are hoping a small amount of good publicity whith launch of barge and further " progress" overseas at wave trila sites will pop teh consolidated share price and they can get a issue away. They are hoping taht there will be enough time between consolidation to get shareholders to forget consolidation.

    It is a shell game only to advantage traders and brokers a smarket cap remains unchanged underneath- it is perception if they are to get any partners overseas interested in participating with $ and kind or convertibles

    This one step before last throw of dice spiral debt IMO if they can't ride the "green wave"

    All just my thoughts. - lets see what happens - market cap 31 mill today at .2c 50 tpo 1 means 10cents

    At ,2 cents theres is only downside to .1c and zero as opposed to 10c where there 1/10 pips all the way downor possibly up..




 
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Last
4.9¢
Change
0.004(8.89%)
Mkt cap ! $15.33M
Open High Low Value Volume
4.6¢ 5.0¢ 4.6¢ $4.969K 103.2K

Buyers (Bids)

No. Vol. Price($)
1 27 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 114772 3
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Last trade - 15.32pm 24/05/2024 (20 minute delay) ?
Last
4.9¢
  Change
0.004 ( 7.69 %)
Open High Low Volume
4.9¢ 4.9¢ 4.9¢ 36169
Last updated 14.05pm 24/05/2024 ?
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