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http://hotcopper.com.au/threads/ann-perth-project-update.2425271/?post_id=14466159#.VI90ojGsWCo 700H CLOCKED UNDER THE SEA.
Cash now in place, CWE alone worth well over 3m on the ASX.
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That CWE are working on the dive site of CETO 5. Could news be OTW?
Just keep an eye on the CWE share price each morning when Aus closes, there will be no RNS on REH if that goes up drastically, and thats exactly whats happening now with CWE and the CETO deployment with the second deployment due in December and the much bigger CETO 6 due in 2015. Basically 30% on the CWE share price means a double of the REH share price, its simple and it going up up up.
Its positive and its Wales! Add in Carnegie and its looking very forgotten at REH. News on the way for Carnegie in December that could always just a go very well indeed for a market cap of a Million!!
Carnegie wave technology appears to have shot to life and been completely missed by the fact REH holds over5% of the free float that is worth 3.4£million today, it is now at almost parity to August 2013 when REH 5bagged!! Looking at the CWE chart its set for a run up with bigger news in December. Been checking out Hotcopper. Au and the boards are alive. Im buying a few Monday at these levels as I see CWE gaining 50% before Christmas.
Triggered by CWE at a record high and REH went up over 500% in 3 weeks, CWE reached 73 and today a perfect setup is here again all the way to 67 and that chart looks amazing!!! Todays REH price is 1.36. See the link. http://www.bloomberg.com/quote/CWE:AU/chart And there is more news OTW. https://au.news.yahoo.com/thewest/business/a/25607115/carnegie-toasts-wave-project-start-up/ Future looks exciting.
Fill up here seems to be a very good plan and under a mill market cap suggests a very major move OTW within 6 months, either way the CWE shares look set to climb and climb very well in that time, its almost a perfect hedge until the Polish sale is advanced or Welsh permission is granted (I hope). Some funding is needed in 2015 so its a risk but the fact is news is comming and its hardly going to fall as its underpinned by CWE all the way. I expect one day this is going straight up to 4p.
Now worth £3.3Million in value to REH. (Market cap of REH now 960K) CWE just keeps going north while REH has over halved since Jan. If thats not a correction vibe for REH OTW im lost.
Just in.
Show as sells.
This am, this is far more volatile than other AIM energy stocks so thats what i prefer.
Fizzed a tad today, going in for a few this week, looks like a run on the way one day all the way up.
Buying oppertunity as will struggle to buy any.
Nice find CWE incestment alone worth 3.4m and kur M/c only under 1m. Very under valued.
Keeps increasing in value . REH's share value now £3.4 million. Now what's the market cap here ?
Bid and Ask both ticked up. Impressive volume today compared to recent weeks.
Big drop hear this morning, on no news or displayed sells. Looks to me like Market Makers are filling a sell order, L2 showing lots of support on the Bid at 1p, but a big block on the ask at 1.1p. Been a few buys this morning, so once the sell order is filled, this should move up again.