I'm looking at getting back into EWC after many years away, quite shocked it's fallen this low with projects nearer to completion.
Can someone please update on the finance situation & projects, just trying to gain a clearer understanding of why the shorters have been pushing the price so low, besides market & O & G price fall.
The last market update on Indo was in April? Seems like the PR systems haven't improved over the last 4 years....Would have to be the worts company on ASX for updates i believe.
From my understanding of the latest results / figures they have 600m debt with 141m in cash held which only covers debt maturing shortly.
Philippines total project was budgeted at US650m and they've only spent 450m so far.
Anyone have any insight into how they will fund the remaining work at Philippines & Sengkang LNG? Or is Sengkang pretty much completed?
Thanks in advance..
I'm looking at getting back into EWC after many years away,...
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $30.78M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $11.00K | 1.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1538244 | 1 |
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| Last trade - 15.11pm 04/07/2024 (20 minute delay) ? |
| EWC (ASX) Chart |