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4.55%

2.3¢ energy world corporation ltd

Slipform can take control by demanding payment at anytime. This...

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eyeswideopen

6,872 Posts.

113

05/09/16

15:51

Post #: 18939378
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Originally posted by Oranje ↑

Hi EWO,

Hi EWO,
Slipform continues to give these guarantees as long as new projects are not commericalised. Slipform has done so in the past few years and will continue to do so. Remember, SE is not in the habit of 'shooting himself in the foot'. There is absolutely no threat of shareholders from this situation and all the 'big players' know that.
The issue of the resignation of this director is rather good news. As mentioned earlier, he represented SCPE which was unwilling to contribute a further $25mllion convertible note at 50 cents. Perhaps (and this is my speculation), SCPE has now come to realise that the lng hub will be finished and commerciaised as sufficient funds have been made available and that further bostruction via their nominated board member is serving no purpose any more.

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Slipform can take control by demanding payment at anytime.
This won't be anywhere near the certainty the institutions will be looking for, so they won't, imo be investing until absolute guarantees over a long period are in place.

Waiting until increased revenues are rolling in then taking over isn't shooting yourself in the foot ,its morally questionable but thats how the billionaires roll has been my experience.

Last edited by eyeswideopen: 05/09/16

EWC Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $29.24M

Open	High	Low	Value	Volume
2.3¢	2.4¢	2.2¢	$134.9K	5.866M

Buyers (Bids)

No.	Vol.	Price($)
2	136458	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	132801	2

View Market Depth

No.	Vol.	Price($)
1	97	0.095
3	311964	0.094
1	300000	0.093
1	25000	0.092
3	54000	0.090

Price($)	Vol.	No.
0.096	20355	1
0.097	3101	1
0.099	60000	1
0.100	71326	2
0.105	220678	4

Last trade - 16.10pm 26/11/2024 (20 minute delay)

EWC (ASX) Chart