EWC 0.00% 2.0¢ energy world corporation ltd

easy come, easy go, page-3

  1. 171 Posts.
    to add to Monts comment - most holders are long terms keepers. Between EWI, RC, Capital, and a few large individual holders this is a closely held company. On average volumes (and being too lazy to check) it would take 4-7 years to turn over the equity in this company. Add to the mix shorters are active, and perhaps nervous due to the potential upside to the stock and the lack of stock that will be available for covering should EWC turn on the LNG terminals creates the potential for a massive short squeeze and makes the name very volatile.

    When (if!! lol) EWC starts shipping LNG and upgrades reserves this stock will fly. The instito shorters will not find any covering stock at any price. I suspect from looking at the short interest disclosures that when the stock loans will be called and it will become apparent that the banks/nominees etc have lent stock owned by the long term holders and that stock is not available for covering.


 
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Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $29.24M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 33037 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 535695 1
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Last trade - 10.02am 04/12/2024 (20 minute delay) ?
EWC (ASX) Chart
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