In typical EWC fashion (instead of separate ASX announcements which clearly mark project milestones having been reached), EWC informs the markets and its shareholders of continued project progress in a rather hidden way. The latest announcements re: appointment of two new independent non-executive Directors is the latest example. The last sentence of today’s ASC announcements reads:
‘They join at an important time to support the growth and development of EWC as it makes continued solid progress in its upstream gas, power and modular lng projects in Indonesia and the Philippines.’
EWC Price at posting:
44.5¢ Sentiment: ST Buy Disclosure: Held