I think I will hold personal judgement until we get more details. A bit of late buying indicated a few liked the news. Tomorrow will be interesting. The few holders I have spoken to have expressed considered optimism. On initial thoughts, good news. Greater exposure to Asian Fund managers. TG would have known about this. EWC bankers will know about this, must have confidence on projects going forward. Broader capital base.
Timing of the announcement interesting, BPMigas, POD, PPA, hmmm.
Cheers.
Mont
EWC Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
