CWE 0.00% 4.2¢ carnegie wave energy limited

strong finish to the year

  1. Dis
    3,746 Posts.
    Placement oversubscribed

    Rapid escalation in price from its 12.5 lows (SPP price).

    Contrast this with some of the other renewables who got government grants:
    - GDY trading lower
    - PTR only doing ok
    - PAX trading just above SPP (taking into account the options)
    - GER only doing ok despite a massive govt handout relative to its market cap
    - HRL and GRK trading lower

    I was too overweight in CWE to even subscribe to the SPP recent buyers are doing well. And there seems to be some real hunger.

    Happy New Year! Here's to a more illustrious 2010!
 
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