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Nice one thanks.
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)
Anyone watching hot copper?
Down Under again!
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.
GLwith this one, it a oil one and there hard ATM but end of 2015 looks good here. Im also in REH so have a look there for a binery.
Oh god another one on my watch list your inhabiting, well it's only a watch for now.
Finally going up, this is just a 2k security buy and finally moved into a blue period. Just need XTR to wake up now.
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.
The company is reporting a electric licence agreement for GI amd a second pod is almost in the water for deployment. Major move here perhaps when confirmed.
For potential deployment, Hotcopper is alive and we know a lot of work is happening at garden island atm.
Nice link thanks for posting that one, really gives am idea of the upcoming futures for REH, I read on Hotcopper that a buoy has been readying for deployment. I will unload my FTE this week for a bigger bite in REH. It's brewing.....
To see other people post! Well it's a binery as I see it also and the CWE share price is looking like it's going to climb even as far as 100%from today's level amd that would put 400% on the REH value.
CWE are on the Garden Island site with 3 tugs and a barge during the present window weather, look like a prep for a second and third deployment or to go live into the grid for the worlds first operational wave energy project, either way was recently rated no4 on the 100 Australian stocks to watch. REH owns 5.9% of CWE and that holding is worth x 4 times the current Market cap. Very big news expected shortly for a company worth just a small 900k.
After that RNS! So where next for the SP! I will take on a cfd here.
Today, director buy this week and CWE holding up very well with electrical hook up about almost here. 190 here soon.
Does the rerate start, lets start with the CWE value alone £4m!