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+--- Thread: EWC's pps action gets ASX's attention (/showthread.php?tid=4255)
EWC's pps action gets ASX's attention - maui4marko - 07-26-2013
"We have noted a change in the price of the Company's securities from $0.465 on 17 July 2013 to a high of $0.62 today."
For the math challenged, that's a 33% jump in the pps in 1 week.
http://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01427441 ;
RE: EWC's pps action gets ASX's attention - maui4marko - 07-26-2013
Volume has exploded as well
Closing prices are displayed for the last 5 days on which the security traded on ASX within the last 6 months.
| Date | Last | % Change | High | Low | Vol * |
|---|---|---|---|---|---|
| 24 Jul 2013 | 0.620 | 12.73% | 0.620 | 0.565 | 1,931,946 |
| 23 Jul 2013 | 0.550 | -0.9% | 0.600 | 0.517 | 3,918,143 |
| 22 Jul 2013 | 0.555 | 9.9% | 0.570 | 0.520 | 2,285,208 |
| 19 Jul 2013 | 0.505 | 6.32% | 0.505 | 0.470 | 1,891,684 |
| 18 Jul 2013 | 0.475 | 2.15% | 0.480 | 0.460 | 673,096 |
* Volume of shares shown represents only those shares traded on ASX.
RE: EWC's pps action gets ASX's attention - johnwgrant - 07-26-2013
Will the SEC "investigate" when IOC jumps 33% in a week ? (Note: they never investigated when the shorts pushed it down $20/share in a day or $40/share in a month.)
RE: EWC's pps action gets ASX's attention - Palm - 07-26-2013
This activity is likely due to their partnership in LNG in Australia. On July 16 they announced an agreement through Strike Energy. EWC is a 1/3 licensee in PEL 96 and Orica Australia signed a binding agreement for exploration and possible offtakes, or something to that effect.
http://www.asx.com.au/asxpdf/20130716/pdf/42h23nnb71hcx7.pdf
RE: EWC's pps action gets ASX's attention - maui4marko - 07-26-2013
'Palm' pid='26203' datel Wrote:\This activity is likely due to their partnership in LNG in Australia. On July 16 they announced an agreement through Strike Energy. EWC is a 1/3 licensee in PEL 96 and Orica Australia signed a binding agreement for exploration and possible offtakes, or something to that effect.
http://www.asx.com.au/asxpdf/20130716/pdf/42h23nnb71hcx7.pdf
Aloha Palmolive, if that were true wouldn't they have to provide that answer to the ASX? Or perhaps the ASX's processes are just as effective as the SEC.
RE: EWC's pps action gets ASX's attention - jft310 - 07-26-2013
PNG sources think Horizon and Talisman will use EWC to monetize their assets. If they can use EWC for LNG purposes then why can't IOC with its EWC FID ready plans be approved??Hard to argue that logic.Even 1 million tons of LNG production using an EWC type yields $500 million to IOC shareholders per year. Ten dollars in earnings to the IOC stock price. No one is talking 1 million tons but they are talking more than that.
RE: EWC's pps action gets ASX's attention - Palm - 07-26-2013
'maui4marko' pid='26204' datel Wrote:
'Palm' pid='26203' datel Wrote:\This activity is likely due to their partnership in LNG in Australia. On July 16 they announced an agreement through Strike Energy. EWC is a 1/3 licensee in PEL 96 and Orica Australia signed a binding agreement for exploration and possible offtakes, or something to that effect.
http://www.asx.com.au/asxpdf/20130716/pdf/42h23nnb71hcx7.pdf
Aloha Palmolive, if that were true wouldn't they have to provide that answer to the ASX? Or perhaps the ASX's processes are just as effective as the SEC.
VObama,
Only thing I see is that the first line of EWC's respons states, "The Company is unaware of any information concerning it that has not been announced which, if known could be the explanation for the recent trading in the securities of the Company."
So in other words, the Strike PR was issued and they have had increased volume and pps appreciation, so as far as the Company is concerned, that is all they can attribute the activity to at this point in time. There could be speculation on other things going on (such as PNG), but that is just that; speculation.
RE: EWC's pps action gets ASX's attention - sageo - 07-26-2013
Hi guys -- Good PM to you. Can anyone give me a symbol that I may use on Scottrade for EWC ? I have tried several different ones, but none seem to give me current,accurate information . TIA
RE: EWC's pps action gets ASX's attention - BUYIOC - 07-26-2013
'sageo' pid='26223' datel Wrote:Hi guys -- Good PM to you. Can anyone give me a symbol that I may use on Scottrade for EWC ? I have tried several different ones, but none seem to give me current,accurate information . TIA
I used EWCLF to buy when they were being "kicked to the curb". At least the ones Chandler didn't beat me to.
RE: EWC's pps action gets ASX's attention - maui4marko - 07-29-2013
Back at it for more gains on volume tonight/today (after close Monday in Oz):
| Code | Last | % Chg | Bid | Offer | Open | High | Low | Vol |
|---|---|---|---|---|---|---|---|---|
| EWC | 0.650 | 13.04% | 0.640 | 0.650 | 0.585 | 0.650 | 0.585 | 3,099,778 |
