CWE 0.00% 4.2¢ carnegie wave energy limited

No movement on the docks, page-20

  1. 9,176 Posts.
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    My guess is and I have said it before that there are many reasons why I don't think deployment will bring serious buyers in. They need to see performance so there will be a significant delay before anyone will accumulate. the exact opposite may happen as there will be a overhang of people caught in the stock who need a exit so there will be more supply of shares than buyers.

    A successful deployment is already priced in IMO but only outstanding actual results of generation and reliability with suitable data stream if shareholders are ever told enough information will possibly move the price. Storm survival etc will help. They have not committed to telling shareholder anything and are probably hiding behind commercial reasons and protect the true capacity and performance ..

    Aussie holders being treated as fodder in a research program and at the right time in the future if successful a technology partnership with full OS market access will take up a cheap issue as they will need massive funding regardless .
 
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