I agree Mega, none of these "deals" or projects (with the exception of Northam) are significant in terms of the bottom line for CCE. I would rather bet that the sell off is impatient investors combined with disappointment at lack of large scale projects won. Probably a good time to quote buffet here "The stock market is a device for transferring money from the impatient to the patient" Now if there is a correlation between the amount of wealth transferred and the level of patience shown by a shareholder, those owners of CCE should end up being millionaires!
CCE Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
