Will CCE survive this crisis?, page-5

First 5 Last

Share
Profile

Follow
martincooper

1,105 Posts.

62

26/03/20

07:44

Post #: 43702620
Share

Originally posted by rusch: ↑

@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!

Expand

Well, this time it is different. Shareholders won’t be as as generous, same for the government. It is a world recession, CCE cash reserve is not immense, and customers won’t line up without a commercial product.

CCE Price at posting: 0.1¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

BM8

Battery Age Minerals launches field campaign at Austrian Bleiberg lead-zinc-germanium play

ATC

Altech launches CERENERGY prototype in Germany, with early tests proving positive

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

TON

Triton snaffles 588 square km gold-copper play in Mozambique

There are more pages in this discussion • 26 more messages in this thread...

First 5 Last

Add CCE (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $13.91M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.8¢	$916	24.10K

Buyers (Bids)

No.	Vol.	Price($)
9	380757	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	7666	3

View Market Depth

No.	Vol.	Price($)
9	380934	0.038
4	229628	0.037
3	272221	0.036
4	272071	0.035
2	229441	0.034

Price($)	Vol.	No.
0.039	7666	3
0.040	21035	2
0.041	51704	2
0.042	20000	1
0.044	50000	1

Last trade - 11.10am 01/10/2024 (20 minute delay)

CCE (ASX) Chart

Will CCE survive this crisis?, page-5

Battery Age Minerals launches field campaign at Austrian Bleiberg lead-zinc-germanium play

Altech launches CERENERGY prototype in Germany, with early tests proving positive

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Triton snaffles 588 square km gold-copper play in Mozambique

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Will CCE survive this crisis?, page-5

Top Stories

Battery Age Minerals launches field campaign at Austrian Bleiberg lead-zinc-germanium play

Altech launches CERENERGY prototype in Germany, with early tests proving positive

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Triton snaffles 588 square km gold-copper play in Mozambique

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News