EWC trades at A$0.052. It carries no debt, just agreed to sell its turbines for US$350m (~A$500m), and once that cash lands the company will be sitting on roughly ~$0.12 a share in net cash with a potentially almost completed strategic Philippine LNG terminal effectively thrown in for free.
Energy World is a 20+ year old LNG and power developer with assets in the Philippines, Indonesia and Australia.
For most of that history it was a textbook dumpster fire, with heavy debt from poorly managed half-finished infrastructure builds.
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