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that's the value of the carnegie energy shares last night. Carnegie is now on a record high for 2014 and 2015. REH reh is suddenly looking astonishingly attractive i just wonder when the market will move but until it moves i await a sudden pickup in volume to send it off.
http://www.abc.net.au/news/2015-02-18/wa-wave-energy-project-turned-on-to-power-naval-base/6141254 The sp will rise from here!
60p that'll make me laugh!. I'd retire young! Im looking more at 6p.
Tempted to, if this returns to 60p I'll be able to retire.
Easy one - - planning permission cock up! Other reason - - they have 5m dept. Now REH Have planning submitted and CWE is riding well. It's a crazy price, load up and wait, it won't be long or disappointing! Do homework!!
Just looking at where this share was in 2006. 60p why the massive drop?
Why do the crowd take so long to arrive!!!
Planning permission will be worth in the region of 10-30million to REH on the Welsh project. Minus dept still a multi bagger, add in CWE and then will definitely news coming from there we could again bag up here from there.
It's my little sleeping missile! By 30th November there will be a mighty lift off but that's the gamble, I'm in for CWE and the short term news from down under. Good luck with all princess and let's see NIPT make us rich.
Large buy just in on a market cap under a million.
Thanks for the detail mate, its appreciated.
Yep its an interesting one Trade. First these guys have 3 major assets, a wind farm in Poland currently for sale, they have the major project that is a Welsh wind farm that once commissioned (its a planning approval stage) will be an asset worth many many times the Market cap ( my guess x10 plus) should state thats in the planning stage and has a chance of no approval granting!! (the last 2 are the main business. Then there is Carnegie wave energy, thats the ace in the Box, a very big ace, CWE is worth over a 100 million AUS dollars and REH own 5.9% that currently worth a staggering £3.3Million GBP, so thats many times the 900k market cap - the majic here is the CWE will shaortly have the firsr operational (fully intergrated into the grid system of garden Island Australia) wave energy project, the SP od CWE is almost perfect as far as charts go. REH have dept (5.2Mill), however I now know that they have all the cash they need to survive until December 2015 until the Welsh wind farm project completes the planning process. Next 2 big facts, REH will delist when the welsh wind farm planning is confirmed (assuming it is or not) and all assets will be divided between the Shareholders. Last fact - Clive Calister is an executive who just bought 1% of the shares in the company in Decenber, so it really is crazy that a director buys shares in a company thats going to delist, except for the 2 facts CWE is going upwards and the assets of the company must be a far higher value than 950k! Kind of hope that helped. Basically buy now for the CWE rerate to see this benefit ( last time CWE raced in 2013 the REH SP 10 bagged)
Hmmm tiny mcap...small number of shares in issue...whats the crack here mate? I've started to read up on this.....are you able summarise the key points/upcoming news that sort of thing. Cheers
Last night!. The new wait for a week or so is hook up to the Garden Island circuit. Strong atm CWE.
Volume x3 normal! Im going to have a few more before the big news in about 10 days. Hotting up a lot down under.
Not a lot but a moment to remember. I wanted to bring my FTE holding here today but annother delay!!
From Australia within a week and now 3 CETO in deployment at Garden Island. No comments from anyone why Clive Callister (BOD) recently bought shares in REH when the company is planning to delist! Strange as the guy cant be thinking of not delisting, can he? Seems a very low SP for a volitile share.
All 3 buoys in the water, according to boat watching thread on Hotcopper, with 70,000 views making me feel the update will be very positive on the CWE Share price. The real news will be the tech being proven.