Tradedesk29 Jan 2015 08:22
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)
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