EWC 5.00% 1.9¢ energy world corporation ltd

Yes Stewart owns 90% of Slipform. There is no money to pay...

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  1. 65 Posts.
    Yes Stewart owns 90% of Slipform.

    There is no money to pay Slipform, he would drag down the company if he called the cash. It is in Stewart's best interests for the projects to succeed - he owns circa 35% of EWC. If he defers the payments, the projects can be built and he can get his money through Slipform, i.e. a win win.

    The latest Slipform contract award was ratified by the board of non execs - are you questioning their honesty as they have to act in the best interests of EWC shareholders?
 
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1.9¢
Change
-0.001(5.00%)
Mkt cap ! $29.24M
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2.1¢ 2.2¢ 1.8¢ $46.85K 2.335M

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No. Vol. Price($)
1 603480 1.9¢
 

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Price($) Vol. No.
2.0¢ 1849678 1
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