The market seemed to like the prospects. An enormous number of respected Autsralian and Hong Kong journo's endorsed the Tokyo Gas HoA. Over 90 million shares traded. A lot of pent up buying came from not only in Australia but London and also strong new support from Asia gave a pretty strong indication. Packer's Company,Ellerston who were in talks with EWC yesterday were apparently satisfied with the latest developments. Ofcourse the risks are still there in many area's of EWC's development but diminishing as time goes by. If there was no risk, the share price would be well north of $1. If the project was in Australia the share price would be probably well north of 1.50. That's why the price has a discount attached to it.
I am hopefull of the risks diminishing further as time goes by with a corresponding share price appreciation. If I didn't I would have taken the opportunity to sell out this week.
Have a good weekend.
Mont
the jousting continues "bpmigas slams ewc", page-24
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $27.71M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $24.64K | 2.365M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1859285 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 288000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EWC (ASX) Chart |