CCE Risk, page-2

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FrankieAlfie

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12/12/23

08:29

Post #: 71395844
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Originally posted by BD Condell: ↑

From: Simply Wall Street
Carnegie Clean Energy
CCE
Share Price 7 Day 1 Year
0.05 -4.0% -36.0%

New major risk - Market cap size
The company's market capitalization is less than US$10m.

Market cap: AU$15.0m (US$9.86m)
This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook.

Currently, the following risks have been identified for the company:

Major Risks

-Less than 1 year of cash runway based on free cash flow trend (-AU$2.8m free cash flow).
-Share price has been highly volatile over the past 3 months (76% average weekly change).
-Revenue is less than US$1m (AU$384k revenue, or US$252k).
-Market cap is less than US$10m (AU$15.0m market cap, or US$9.86m).

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THese are just computer generated analysis. It's not wrong in terms of the numbers but its nothing to put too much weight into.

CCE Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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