CWE carnegie wave energy limited

Ann: Carnegie Acquires 100% of Energy Made Clean-CWE.AX, page-5

  1. 1,631 Posts.
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    Agree no surprise here.
    In effect it is a back door listing for EMC a reverse takeover if you like (MO knows all about them) - but doesn't change the reality IMO that EMC is where the action is and CWE is effectively the R&D arm.

    I hope it gets a run on so I can unload, despite believing in the potential of wave power after 10+yrs I don't believe the guys at CWE are the guys to deliver.
    The chairman failed CFU shareholders so anything on his watch is tainted.
 
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