CWE carnegie wave energy limited

Great Close today., page-4

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    We've got to keep in mind that approximately 6 months ago these touched 7c. so they've lost circa 30% since then on no bad news. So a jump of 2c is pretty insignificant in the long term. These may trade sideways for a while until we can break 5c but until some very significant news, or a complete change in sentiment, I don't see a major re-rating. Long term speculative (becoming less speculative with each announcement) hold.
 
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