Long Year Ahead for CWE

I think with all the CETO 5 buoys out of the water now and CETO 6 still in the design stage, we are going to see a lot more fall in the share price until there is a serious demonstration capability of the CETO 6 project.

With MO now in the UK, there is a complete lack of information coming out of CWE.

IMHO, I would not be surprised to see the share price fall by up to 50% with no demonstrable capable in the immediate future and everything now in the higher risk CETO 6 future as yet unproven capability .

I am amazed that there has been no announcement as yet of the withdrawal of the CETO 5 buoys and for what reason. Sure we can all speculate here on HC, but I have reviewed every announcement of the CETO 5 project and there was nothing that stated that they had a limited life span.

I feel it will be a long winter of discontent for us long suffering shareholders