The reason, BDC, I have persisted with CCE is that it has...

First 4 Last

Share
Profile

Follow
WesTig

2,172 Posts.

385

31/08/24

16:52

Post #: 75470563
Share

Originally posted by BD Condell: ↑

For those of you that struggle to consume a document like this, can I suggest you just read page 8, under the heading: Risks.
I dont recall seeing this in previous reports but anyone still brave enough to be optimistic about short or medium term positive outcomes for CCE should have it well and truly knocked out of them when they read that.

In summary the key points:

-Governments are reluctant to throw money at wavepower as they need near term solutions and there are already alternative energies, primarily wind and solar, with commercially successful models.

-They may find it difficult to source bespoke parts for the CETO solution which may lead to delays in testing and/or unreliable components.

-Advancement of both Moorpower and Ceto will be heavily dependent of getting partners who will front up with the money. It is a given therefore that those partners will also want a significant part of the action, if, and its a big if, they ever get to commercial viability.

-The financial viability of CCE is the medical equivalent of being on life support.

This time last year and going into 2024, there was a lot of optimism around and I shared in that. Moorpower was going into test mode and the Eurowave success looked promising. There was some anticipation that profitability might be just around the corner. But CCE have done a great job this year in knocking that optimism on the head, letting us know, in a somewhat disguised way, that this thing is still a crock.

Expand

The reason, BDC, I have persisted with CCE is that it has potentially one massive aadvantage over wind and solar. Sometimes the wind don't blow, and the sun don't shine, but just like "The ole man River", the moving tide just keeps rollin along!

Call me crazy if ya like, but I'm gunna hang in with CCE until the ultimate outcome, success or failure!

Humbly yours, Wesley T Tiger jnr

CCE Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

EMD

Emyria Advances kicks off National Rollout with Avive Health Agreement

WC8

Wildcat’s PFS elicits lacklustre response

ASX Market Close: Index treads water as Energy stocks lead

BEO

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

First 4 Last

Add to My Watchlist

What is My Watchlist?

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)
Last 5.6¢		Change 0.003(5.66%)		Mkt cap ! $20.50M

Open	High	Low	Value	Volume
5.8¢	5.8¢	5.5¢	$23.75K	420.2K

Buyers (Bids)

No.	Vol.	Price($)
1	28242	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	59693	3

View Market Depth

No.	Vol.	Price($)
1	28242	0.055
1	10091	0.053
6	74627	0.051
4	174010	0.050
3	137101	0.049

Price($)	Vol.	No.
0.056	59693	3
0.057	441063	2
0.058	70204	1
0.059	188255	1
0.060	77937	5

Last trade - 15.55pm 29/07/2025 (20 minute delay)

CCE (ASX) Chart

The reason, BDC, I have persisted with CCE is that it has...

Emyria Advances kicks off National Rollout with Avive Health Agreement

Wildcat’s PFS elicits lacklustre response

ASX Market Close: Index treads water as Energy stocks lead

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

The reason, BDC, I have persisted with CCE is that it has...

Top Stories

Emyria Advances kicks off National Rollout with Avive Health Agreement

Wildcat’s PFS elicits lacklustre response

ASX Market Close: Index treads water as Energy stocks lead

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News