Exchange: OTC·Updated 03:53 PM EDT

CWGYF Carnegie Clean Energy Limited

$0.1013
$0.0018
(1.81%)
Today
Mkt Cap$43.26M
Vol15,002.00

About CWGYF

Carnegie Clean Energy Ltd. engages in the development and ownership of the patented CETO wave energy technology. Its projects include Achieve Programme, MoorePower Scaled Demonstrator, Garden Island Microgrid, Microsoft AI for Earth Project, CETO Next Generation, and CETO 5-Perth, and Mauritian Wave and Microgrid. The company was founded on May 21, 1987 and is headquartered in North Fremantle, Australia.
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Bearish Sentiment

How do you feel about CWGYF?

FroNOBaggins
$CWGYF is no longer just developing CETO in a lab. It is moving toward open-ocean deployment with more than €7M in in external funding behind the program. CETO earned the #1 ranking in EuropeWave’s competitive Phase 3 selection, from a field that began with 30+ technologies. Carnegie has a two-year BiMEP test agreement, a proposed 6MW follow-on array, and 90+ patents/pending protecting its technology. The EU-funded €4M COIN project is using CETO as its reference device while targeting a 30% reduction in wave-energy levelized cost of energy (LCOE). Carnegie is also gaining U.S. exposure through DOE TEAMER support. This remains a high-risk pre-commercial company. But if ACHIEVE validates sustained perfromance in natural setting, Carnegie could quickly move from technology development into commercial projects
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Jasper2017
$CWGYF Shoutout to our incredible interns, Adrian Cardaba and Julia Jakubik, for delivering great presentations at the INORE 2026 Symposium in Bilbao! They confidently represented Carnegie, showcasing our #CETO technology and highlighting the massive global opportunity for wave energy. 🌊 We’re grateful to have such talented and confident individuals supporting our team. #CarnegieCleanEnergy #WaveEnergy #CETO #INORE2026 #FutureLeaders $CCE | $CCE.AX | $CWGYF $HPE $MSFT
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Jasper2017
$CWGYF a solid day at ASX today, buyers are back! 💲💲💲 That’s a wrap in The Hague conference for Carnegie Clean Energy presentation! 🌊 Whether sharing our progress on stage or exchanging ideas with delegates, partners, and peers at our stand, there was clear momentum around ocean energy. Thank you to everyone who joined our sessions and visited the Carnegie team. #cleanenergy #waveenergy $HPE $MSFT
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vdbeach
$CWGYF 1,000,000 shares traded, on the button..."just gonna drop a cool $140,000 on this" - said someone...Open $0.14 Previous Close $0.1289 Volume 1,000,000 Average Volume (10 days) 83,797
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Jasper2017
$CWGYF This is a new big wave of clean energy that is unlimited 24/7 day/night - ocean usually never sleeps! 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊
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huffdogg2028
$CWGYF is that volume right?? About 4x’s last night ASX exchange volume. Someone got the chance to load up before deployment.
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Mom1234
$CWGYF ​Financial Losses and Cash Flow Problems (Chronic Deficits) ​Negative operating results: The company has been in the red for years. Recent reports also reflect a negative EBITDA (in the range of approx. -1.8 million AUD) and a heavily negative EBITDA margin. ​Reliance on capital increases: Because commercial revenues from the core product (CETO wave technology) were absent or only trickled in for a long time, the company had to finance itself regularly through capital increases (share placements) and placements of new shares (e.g., a placement of approx. 2.5 million AUD in July 2026). ​Shareholder Dilution ​Due to the regular issuance of new shares to raise fresh capital, existing shareholders have been massively diluted. ​Recurring "cleansing notices" and the issuance of unquoted securities or share packages have led to a sharp increase in the number of outstanding shares, which has suppressed the value of individual shares in the long term.
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wutherhi
$CWGYF I'm getting a little worried that we're receiving no news this late in October. I'd at least like to hear if there has been a legitimate delay. Has anyone heard anything at all? I'm a huge fan of CWGYF. I've been here for years. I need a little pep talk right now, though.
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WickedlyCleverFantasy
$CWGYF Any news yet if its in the water and making electricity or updates about commercialization? October was supposed to be when things took off and have not heard anything yet about CETO 6 in Spain.
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Infinity08
$CWGYF I expect a climb into October, this does not look good. Hopefully we hear some good news in the coming days.
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Mom1234
$CWGYF Technological and Operational Delays Long Development Cycle: The commercialization of marine and wave energy (CETO technology) is extremely capital-intensive and technologically risky. Over the period from 2019 to 2026, schedules for testing, upgrades, and deployments (such as the ACHIEVE program or deployments in Spain and the USA) were postponed multiple times or required lengthy approval processes. High Project Risks: Technical setbacks in the harsh marine climate can jeopardize the entire investment base of such a niche company. 5. Insider Selling Even during phases when positive project announcements temporarily drove the share price (such as mid-2026), notable stock sales by internal decision-makers and executives occurred (e.g., sales by Independent Non-Executive Chairman Anthony Shields), which often caused skepticism among retail investors.
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