CWE carnegie wave energy limited

Well I guess I still live in a bubble of hope that has slowly...

  1. 594 Posts.
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    Well I guess I still live in a bubble of hope that has slowly become weaker and weaker over the past 12 months. Probably has passed breaking point but almosy feels pointless to sell now. Seems like others are in a similar boat.

    I originally invested on the tail end of ceto 4 and felt that the CWE's marketing message or sales pitch was Ceto 5 if successful would be a marketable/saleable tech bla bla bla. So who was wrong? Maybe it was just me that imagined this all along? Too late now to even worry about.

    A few have asked where the share price might bottom out. For me I think it could get to as low as 30mil market cap/1.5c/share if enough want out and the supply/demand goes pair shaped. What I am hopeful for is no lower than 3c/s. Unfortunately relaying on hope could be considered a very bad investment choice..

    Yes I feel things are moving at a very slow pace. I think they had to tread water for quite some time on Ceto 5 Garden island to get the gov payments of 12 months operating.

    Sorry this is lots of negativity. On a possitive note since I have been a holder from 2011 this may be the lowest point of moral from long term holders? This sometimes equates to best time to buy.. haha

    Good luck all..
 
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