@martincooper Why would this crisis make any difference to CCE? They don't rely on customer sales for survival - they almost completely rely on capital raisings and grants. Their website states: "We are fortunate that our business efficiency remains materially the same under these circumstances thanks to our digital development approach and team communication tools." Not a hint of needing to worry about finances - still flush from the capital raise (SHs better hope they dont decide to invest their cash!). They know they can tap their loyal shareholders and drum up new "investors" next time around so this won't bother them at all. I dare say they are thinking 'This is a massive distraction from our appalling performance and continued lack of transparent communications."
@PrimoTrader How would they increase sales in GI? Make the sun shine longer? How much do you know about what they are actually producing and selling? What is the availability (and capacity factor) of the solar farm? Are they selling constantly to Defence? Is there a dashboard we can see generation?You know the solar farm will, at best, pay for the CEOs base salary each year and thats it (assuming no break downs, periods when Defence don't take their energy, no major maintenance costs etc).
Anyway - back to my hibernation!
CCE Price at posting:
0.1¢ Sentiment: Sell Disclosure: Not Held
