I do not know whether with a total asset base of $1.52billion...

I do not know whether with a total asset base of $1.52billion EWC’s total liabilities of $903million (which includes $339millionn to related parties ie. mainly Slipform), leading to a net asset position of $618million, contributes to shorters feeling confident in taking aim at this share.

What I do know, however, is that the major related parties’ financial arrangements are, at present, very much in favour of EWC and, in the short/medium term, will turn out to be a ‘win-win’ situation for both the related parties (ie. S. Elliott/ Slipform) as well as EWC shareholders due to the fact that the successful completion and commercial operations of EWC’s major projects will allow all these stakeholders to reap the benefits, be it by way of eg. all outstanding payables being paid and EWC’s share price finally reflecting the substantial additional revenue stream coming to the company from these projects.