According to my information the reason for the share price drop relates to a ‘big player’ shortening the stock.
Price drop due to a ‘big player’ in LNG market (with huge funding at their disposal) may want to EWC out of PNG and/or modular lng trains market. However, with SE and RC owning 60% of EWC it is not going to work. I am buying at these levels.
LNG cold boxes and other major equipment have landed on site (in Indonesia) and the 60MW gas turbine is currently being erected on site. Gilmore mini lng plant is being transported to site shortly.
According to my information the reason for the share price drop...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.78M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $17.56K | 1.756M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1275505 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 500000 | 1 |
View Market Depth
| Last trade - 15.16pm 27/09/2024 (20 minute delay) ? |
| EWC (ASX) Chart |