Some pretty good explanations as to why that might be too.
CCI holders have 'mostly' loaded up here on HC 'it appears'
The fact no real news has been released for over a month tells me theres a lot waiting for new developments/news to come in. The fact its held around 1.6 'for me' at least says that a lot of the sellers have been flushed out and the next move up might be a good one.
The momentum traders are ready to pounce on 'inevitable news' imo. That news will most likely be positive, so many of us here, as discussed by a few already, are waiting for the next move/s upwards.
I am patiently waiting for the broker report valuation/s to come in on CCI. This could be months of course but be sure that it will be considerably higher than current levels.
...and we know what that could mean re the share price/trading action.
If February was one of price consolidation and accumulation, then March april ar elooking to me like share price reratings based on upcoming news on the project developments and licence.
CCI Price at posting:
0.0¢ Sentiment: None Disclosure: Held
