CLQ 0.00% 28.0¢ clean teq holdings limited

Rocket is preparing to launch...

  1. 1,300 Posts.
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    So here we are,

    Off the back of extraordinary manipulation led by the short selling brigade, the share price is extraordinarily undervalued at 20 cents and a $150m market capitalisation.

    Short selling is likely to continue for a final few months, but the downside risk is limited over the medium term given $220m in net tangible assets, including $70m in cash and $120m in evaluation assets.

    The water treatment business is showcasing itself on the world stage with initial full scale projects in Oman, China, Victoria and Townsville setting the scene for what is likely to be a highly successful $100m+ business in its own right in the coming years.

    World class technology and a world class strategic asset is pulling financing/offtake interest from across the globe, with over 10 offers being fielded by Macquarie Capital, according to most recent reports.

    In 2020, Sunrise is set to receive the green light from the board. Quoting CEO Sam Riggall: " We look forward to bringing together the PEP and financing in the first half of 2020 and commencing the next stage of construction of the project".

    Together, board and management hold ~30% of this company. Their interest is aligned with ours to create significant shareholder value.

    We can't beat the bots, but we can take advantage of the differential that they are driving between market value and the intrinsic value of the company.

    Be greedy when the market is fearful and be fearful when the market is greedy.

    Our time will come.

    T.E.P.
 
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28.5¢ 28.5¢ 28.0¢ $5.525K 19.38K

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Last trade - 10.10am 24/01/2020 (20 minute delay) ?
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