Ann: Annual Report to Shareholders-POW.AX, page-3

For a company that went from dropping news at the smallest achievement to a nothing in a few months this Ann. is pretty boring really. Nothing new added, nothing we didn't already know. The SP reflects it.

All this tells me is that:
* There was no news release to say that this wave thing worked as expected - that would have maintained confidence in the SP a little.

* The wave farm pilot never got past 1 or 2 units - 2 units does not a farm make.

* Daejon is taking as long as it takes - as with any other Asian project - time is not important

* We didn't get controlling interest of the Maldives project - We get the 'option' to. I thought that was one of the driving forces behind the CR. It was all over it from memory.

Just a little annoyed at the lack of details. Summarising every announcement since the re-list is kind of a cop out really.


Hope that sentiment changes and so we can get back to getting excited about what we have.