CWE 0.00% 4.2¢ carnegie wave energy limited

initial feedback from the conference, page-23

  1. 1,592 Posts.
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    It's unbelievably frustrating isnt it cheme. It's been going on for about 4 months now. 18 weeks actually, about 90 trading days. If the sellers finished offloading them today, they'd need to have sold 310,000 shares each trading day. I have to say, it's felt like they have! Surely not all of them will be sold, so we must be near the end of it.

    But i seriously dont get it. Who in their right mind would sell now? If you are in CWE, you are in it for the risk/reward. If you want a lower risk/reward you'd have bought a blue chip, not CWE. The selling's not sinister - it never pushes the SP down. No-one is in a hurry to get out. It's the most considerate consistent selling I've seen but it still grinds my gears, that's for sure.

    Also, thanks to BB, Jukes, Steamairship and all for your comments recently. I've learnt more from those posts than i have elsewhere in the past 6 months. However, I think it's time for CWE to provide more such technical detail on their website. It would save us all from calling them individually from now on!
 
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