EWC 13.0% 2.0¢ energy world corporation ltd

Ann: Annual Report to shareholders-EWC.AX, page-7

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  1. 6,872 Posts.
    lightbulb Created with Sketch. 113
    I've skimmed the report.

    More of the same, the most outstanding thing about this management group is its ability to miss its own timelines.

    So for investors they keep the hammer poised above the head of this company, so to speak by only providing security to October 2017!

    Unable to secure finance to pay out slipform!

    Yet again!

    So forget about any rerate as the big investors needed to rerate this won't touch this!

    So no money to be made there for investors!

    And other rewards for investors?

    Dividends? Years away!

    And you can't put an estimate to it as they can't hit a deadline!

    So my shares stay in the bottom draw for the forseeable future , no opportunity to make money for my super account here!

    Or does one cut loses including massive opportunity lost and move on?

    No chance to make money here so I guess that answers that.
    Last edited by eyeswideopen: 03/10/16
 
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