CWE carnegie wave energy limited

Dual listing 2016?

  1. 18,309 Posts.
    lightbulb Created with Sketch. 1540
    "Separately, Carnegie's activities in the northern hemisphere have resulted in significant interest in a dual listing on the London Stock Exchange’s (LSE) Alternative Investment Market (AIM) due to the depth of capital in the renewable energy space at present in the UK and Europe. Carnegie will consider its options in regard to the benefits of a secondary AIM listing in 2016."

    http://carnegiewave.com/wp-content/uploads/2015/10/151027_Quarterly-Report_Final-Website.pdf

    Now that MO has relocated to the UK, dual listing seems more likely than ever.

    Another reason for MO to be over there could be this:

    "As one of the few well capitalised wave technology developers in the world with tens of thousands of in-ocean operational, hours, Carnegie is well placed to benefit from the funding and project opportunities available in Europe and the United Kingdom. Carnegie currently has a local subsidiary, CWE UK, a project site in Cornwall at the Wave Hub facility has been awarded grants for R&D and site development, and is actively applying for UK and European grant funding to support project and technology delivery."

    Let's hope that he gets a bucket load.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.