"blood bath" a little strong I think lol. Projects are on track, delays are unfortunate but do occur. Currency 'loss' on AUD holdings is not actual loss just a mark to market as accounting rules say it must be included in income statement. Operation is still very profitable.
I think these issues/delays are somewhat priced in. EWC was trading at 5 times the price it is now only 9 months ago. Most EWC holders are long termers and many would have bought in at higher than current shareprice. I don't think EWC believers will be running to dump their shares.
EWC has a very bright future and LNG is the place to be for next year or 2 I think. Analysts agree recently rating EWC a buy. You may get a cheaper re entry monday from short term traders but wont stay down for long IMO
"blood bath" a little strong I think lol. Projects are on track,...
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Last
0.8¢ |
Change
-0.002(20.0%) |
Mkt cap ! $24.63M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.8¢ | $13.95K | 1.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2355600 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
| EWC (ASX) Chart |