buysell signal

"If you are chartist, the chart actual doesnt suggest that at all."

Buysell siganal are chartists, unit.
And here's what they have to say.

Falls to Rises: In the last three months the number of falls
out numbered rises 26:17 or 1.53:1

In the last 16 trading sessions there has been a net
decline of 13.51%; the stock has retreated eight times
and the biggest one day decline was 5.9% on Sep 03.

The price plummeted 11.1% in the last week and 15.8% in
the last month.

In the Australian market of 1,151 stocks and 54 units
traded today, the stock has a 6-month relative strength
of 22 indicating it is trailing 78.0% of the market.

The price to 50-day EMAP ratio is 0.9, a bearish indicator.
In the past 50 days this ratio has been under 0.9 just six
times suggesting a support level. The 50-day EMAP has
decreased to 3.73c. A decrease is another bearish
indicator.

The Moving Average Convergence Divergence (MACD)
indicator of 12-day Exponential Moving Average (EMA)
of 0.03 minus the 26-day EMA of 0.04 is negative
suggesting a bearish signal. Both the 12-day EMA as well
as the 26-day EMA are falling, another bearish signal.

The Price/MAP of 0.62 for CCC is lower than the
Price/MAP for the All Ordinaries Index of 1.0.

In the past 200 days this ratio has been under 0.62 38
times suggesting further downside. The stock is trading
below both its MAPs and the 50-day MAP of 3.81c is
lower than the 200-day MAP of 5.15c, another bearish
indicator.

The price to 200-day MAP ratio is 0.62, a bearish
indicator

The stock traded at a three-month low of 3.20c today.

This was dated yesterday. Today CCC hits a all new time low of 3.1c on increased (above average) volume. 12% drop this week so far.

The rumours on the UK boards are that they were in London a couple of weeks ago speaking to Brokers/Instos and funders.

I'd say more shares are about to be issued given the con note refinance which wont be on very favorable terms given the state of the company's finances. (imo)