what does this mean for ewc?, page-9

Why would it worry large s/hers? S Elliot has been in this stock since the 1990s, he underwrote a rights issue around 6 c tens years or so back, the share price doesn't effect the project economics, they have stated they don't need further funding at present to bring the Sengkang LNG to fruition, the Chandler placement helped that. And for Chandlers this represents about 5% of his net worth of 4.6 billion, investors like this don't sweat over share price moves like this, maybe they get frustrated if anything I would have said it increases the likelihood they they form a JV to take the whole thing out.