The sheer quantity and nature of related party transactions (you can read all about it under note 28 to the annual report, for anybody interested) certainly does not lend itself to the view that the deals are being struck at arms-length. EWC is one part of an empire with many interconnected nodes. However, there is a question that continues to hang in my mind: Is SE not incentivized to ensure the success of EWC, with EWI (fully owned by SE) holding ~35% of the shares outstanding in EWC? How would its ongoing failure (reflected in an underwhelming share price) benefit the man?
The transparency and lack of care in the shareholder reports is really just atrocious, when compared with the level that other ASX-listed companies gladly offer.
- Forums
- ASX - By Stock
- EWC
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EWC (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $33.86M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $61 | 5.555K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 549999 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 83333 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 549999 | 0.011 |
1 | 185486 | 0.010 |
2 | 2927375 | 0.009 |
1 | 125000 | 0.008 |
4 | 2355600 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 83333 | 1 |
0.014 | 300000 | 1 |
0.018 | 273945 | 1 |
0.021 | 200000 | 1 |
0.025 | 10000 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
EWC (ASX) Chart |