EWC

15.0%

1.7¢ energy world corporation ltd

A lot of what you say is true. However , whats the point its...

First 16 Last

Share
Profile

Follow
Windsor76

1,097 Posts.

244

05/10/23

15:23

Post #: 70191731
Share

Originally posted by Clueless100 ↑

Yes Mitchdon I've been in this cursed thing since 2005. The initial sprook back in the day was 2mtpa by 2009 and 5mtpa by 2011.
Elliot's BS drove the share price to a peak of $1.47 early 2008 apon which he did a cap raising for 1.20 and all that got built was the steam turbine at Sengkang and bugger all happened after that until late 2012.

What Elliot didn't disclose was the project in the Philippine's had been blocked since 2006 by powerful competing interests until recent times and BGMigas in Indonesia had blocked gas allocations since 2009 which infact powerful local interests were behind from day one.
It later morphed into a bogus forestry issue and a myriad of local political fracases all of which barred any sort of project finance and license to proceed.
None of the above was ever disclosed by Elliot and the punters on Hotcopper had to find out for themselves from local sources.

One would also have to query if the current liability owed to slipform is gosha but there is no way of knowing until an audit is possible.
However this undisclosed security of 110 million Slipform had over the assets is rather telling but will keep my suspicions to myself for now.

You may be right in that Elliot may finally be aligned with the retail holder and will go down with the rest of us but I suspect past few years there was some attempt to build a life boat for Elliot and co with the view the ship will most likely go down leaving the rest of us to drown.

In between the above chronology every word Elliot has uttered has turned out be false and the retail and intuitional holder alike are only cattle to him.
I cant blame anyone for selling at these levels while it trades as up until this moment we have been had for mugs so why would that change.

Expand

A lot of what you say is true. However , whats the point its past history . Investors should be more interested in now and what might happen in the near future. Look at the long term graph, the potential on positive news indicates a strong upmove is possible. While you cant blame anyone for selling at current levels I feel sorry for those who rushed to sell at 3cents, IMO they are throwing away a chance to at least doubling their money.

EWC Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

What each US election outcome would mean for Australian companies & investors

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

There are more pages in this discussion • 8 more messages in this thread...

First 16 Last

Add EWC (ASX) to my watchlist

(20min delay)
Last 1.7¢		Change -0.003(15.0%)		Mkt cap ! $52.34M

Open	High	Low	Value	Volume
2.3¢	2.4¢	1.7¢	$85.72K	4.055M

Buyers (Bids)

No.	Vol.	Price($)
1	749984	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	150000	1

View Market Depth

No.	Vol.	Price($)
1	749984	0.017
1	150000	0.016
2	650000	0.015
1	50000	0.014
1	40500	0.013

Price($)	Vol.	No.
0.020	150000	1
0.022	92700	1
0.023	210528	1
0.025	400000	1
0.026	168123	1

Last trade - 15.15pm 01/11/2024 (20 minute delay)

EWC (ASX) Chart

A lot of what you say is true. However , whats the point its...

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

What each US election outcome would mean for Australian companies & investors

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

A lot of what you say is true. However , whats the point its...

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

What each US election outcome would mean for Australian companies & investors

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News