CWE carnegie wave energy limited

You guys have got too much emotional attachment in this. This...

  1. 266 Posts.
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    You guys have got too much emotional attachment in this. This thing is sinking - I've sold my last lot today after some years and years of watching it and saying the same things you are now. The Microgrid is almost an indirect admission that the bouys themselves arent getting to the big scale developments required to grab headlines. I've said this before. The MW there are targeting is just not enough. There's been huge projects for solar and wind just in the last week projecting in the $billions. CWE is now behind the curve and that $21 million isnt going to last that long.
    I'm so angry at the management at CWE i've lost a ton of capital in this and I really dont understand how shareholders can accept CWE's MD earning $700K plus options each year. $100,000 increase on the year before mind you with some $60 million in accumulated losses thus far - I really hope you guys wake up like I did and cash out before you lose the lot.

    Time to move on. "It's been emotional"
 
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