Nothing has changed here except some clever tree shaking and manipulation.
Does CCC still hold quality assets? Yes
Does CCC still have excellent management? Yes
Does CCC have a healthy balance sheet? Yes
Does CCC have wide brokerage coverage and interest? Not Yet
I remember not long ago we were all celebrating that it had finally punched through the 7c barrier - then the 8c barrier. Surely we know by now that the ride on the stock market is not a lineal rise. Like many of you, I am in healthy profit from both heads and oppies. See this for what it is - a correction. It will rise and fall in the future as it trends up, too.
The fundamentals are still there, and this will be worth much more in 12 months time. It's all part of the game, and my response is to wait it out. I'd be tempted to put more in (soon), but need capital for a juicy SPP in another stock I own.
So in the word's of Douglas Adams, or Jonesy (Dad's Army for those who can remember!) DON'T PANIC!!!
No new info here, but sometimes it pays to take stock of the info we have.
CCC Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held