CWE 0.00% 4.2¢ carnegie wave energy limited

shareholder open day, page-5

  1. 29,690 Posts.
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    a good move by management - and fair enough.

    watso used to go to heaps of agm's and after each agm meeting, he would sometimes buy more shares..nah - the ra ra is not worth listening to.

    attend an open day, at your own risk

    mmmm - watso just recalled the time that he got tickets to some expo, because he was a large shareholder in some company... at the expo, the company was showing its wares - lol and watso lost about $100,000 in the company - and that was 20 years ago.

    funny thing is, that one way or the other, but the company is probably still going - not sure, but maybe a company called rcr engineering bought them out.

    just look at the bigger picture - and take away those glasses - shale gas seems to be plentiful and one way or the other, that will power the world for a long time.

    despite watso's skepticism, watso hopes that cwe have something that works (and provides cheap power)- but the reality is, that wave energy is a long way behind wind and sun energy - and they are real flops. for the time being,it is only subsidies that keep wind and solar in the picture.

    wave energy is probably a bit like watso's child hood dream - not sure how it would work - but watso's thinking that it is easy enough to drag heaps of bricks onto the top of the roof, and using gravity, wheels, gears etc etc, then power would be generated, as the weight dropped down to the ground.

    sadly for cwe holders - there is a dream, but the dream is only a dream - just a figment of the imagination. in 200 years time, it might be time to revisit the issue

 
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