CWE carnegie wave energy limited

Techboard ranking - cwe number 1, page-6

  1. 1,635 Posts.
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    As we all know the sp usually goes up either on fundamentals or a hype. I do not mind the hype, especially with cwe as it has been lacking the publicity recently. As for the fundamentals I think the management has been slowly shifting their focus from ceto to microgrids and possibly other areas we are not aware of yet. At a very slow pace not to create a panic. They do not give up on ceto but I reckon they realised it is not going to bring any substantial revenue from commercial activities in the nearest future. I think this realisation is a good thing and give us all hope to see this company moving forward. I would hate seeing them sticking to only one technology while missing out on oportunities elsewhere. Number one spot did not help much. We are below 4c again and it is all that counts atm but as I said I am more optimistic now than I was a few weeks ago.
 
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Currently unlisted public company.

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