CWE carnegie wave energy limited

The news that MO is relocating to the UK has come out of the...

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    The news that MO is relocating to the UK has come out of the blue. So much so that new speakers had to be found at the last minute for the roadshow presentations, as well as for the Rottsnest presentation.

    There must be a fairly compelling reason for this to be done in such haste, (he will be there in a weeks time).

    Hopefully CWE will let the shareholders know why this has happened and quickly. Hopefully the news will be good. As we don't have anything over their as yet, I will presume he will be there to ramp up the commercialisation process.

    Given that we don't have a working Ceto 6 model and won't have until the end of next year at the earliest, the reason for his relocation might well be something out of left field.
 
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