That's a good point Primo. Bit of irrational exuberance at those price levels, but definitely way undervalued at 0.2-0.3c, IMO.
From my takeaways from the AGM, some of those milestones since then include:
- Assessed by independent experts as having world leading wave energy technology (ranked #1 of >30 Europe Wave bids)
- Possible funding for a CETO demonstration project by mid/late 2023
- MoorePower project is funded and underway
- Other potential commercial applications: wave predictor and mooring tensioner.
There were a number of questions from the floor yesterday about government and industry support for ocean energy technology due to rising energy costs and need to diversify away from fossil fuels – JF mentioned positive announcements of funding programs in the UK, EU and US, but Australia needs to do more.
I've endured my fair share of pain with this company, but it's now 3 years on from administration and a totally different business model to the old CCE with a lean team, no debt and over $3m cash in the bank. I'm hopeful again!
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $13.91M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.8¢ | $4.077K | 104.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 174374 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 17743 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 174374 | 0.038 |
4 | 236628 | 0.037 |
3 | 248333 | 0.036 |
2 | 25000 | 0.035 |
1 | 29441 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 17743 | 3 |
0.042 | 9505 | 1 |
0.043 | 165029 | 1 |
0.045 | 261333 | 3 |
0.046 | 221782 | 2 |
Last trade - 15.56pm 02/09/2024 (20 minute delay) ? |
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