Company Overview
Development of the CETO Wave Energy Technology.
| Website | www.carnegiece.com |
|---|---|
| Head Office | North Fremantle WA |
| Registry | Automic Registry Service Limited |
| CEO | Jonathan Fievez |
| Chair Person | Terry Stinson |
| GICS Industry | Utilities |
| Sub Industry | Renewable Electricity |
| Sector | Utilities |
| Market Cap | $31 m |
|---|---|
| Shares on Issue | 15,642 b |
| Status | Trading |
| Last Price | |
| Change | |
| 52 Week H/L | |
| VWAP | |
| Bid/Ask |
Directors and Management
Mr Michael (Mike) Clifford Fitzpatrick
Non-Executive Director 28/11/2012
Mr Fitzpatrick has over 40 years in the financial services sector. He is a past Chairman of the Pacific Current Group (formerly Treasury Group Limited) as well as the Australian Football League. He is Non-Executive directorships, including Infrastructure Capital Group and Latam Autos Limited. In 1994 Mr Fitzpatrick founded Hastings Funds Management Ltd (Hastings) where he was Managing Director until he sold his interest in 2005. Mr Fitzpatrick was a Director of Hastings' managed investments, including Pacific Hydro Limited, Global Renewables Limited, Utilities of Australia, Australian Infrastructure Fund and Australia Development Group Pty Ltd (the holding company of Perth Airport). Mr Fitzpatrick is a former Chairman of Victorian Funds Management Corporation, and the Australian Sports Commission, a former Director of Rio Tinto Limited and Rio Tinto plc, a former member of the Melbourne Park Tennis Centre Trust, a former Director of the Carlton Football Club and a former Director of the Walter & Eliza Hall Institute of Medical Research.
BEng(Hons), BA (Hons), MA Male
Mr Grant Jonathan Mooney
Non Executive Director,Company Secretary 19/02/2008
Mr Mooney is the principal of Mooney & Partners. Mr Mooney has experience in the areas of corporate and project management since commencing Mooney & Partners in 1999. His experience is also to advice on capital raisings, mergers and acquisitions and corporate governance. Currently, Mr Mooney serves as a Director to several ASX listed companies across industries including technology and resources. He is a Director of Gibb River Diamonds Limited, appointed 14 October 2008, Barra Resources Limited, appointed 29 November 2002, Accelerate Resources Limited, appointed 1 July 2017, Talga Resources Limited, appointed 20 February 2014, Aurora Labs Limited appointed 25 March 2020and Riedel Resources Limited appointed 31 October 2018.
BBus,CA,MCA(ANZ) Male
Mr Terry Dewayne Stinson
Non-Executive Chairman,Non-Executive Director 15/11/2017
Mr Stinson has over 30 years of executive leadership experience with innovation companies globally. He was formerly the Chief Executive Officer and Managing Director of Orbital Corporation Ltd (resigned as a director 18 November 2019). He was previously also a Vice President and General Manager at Siemens AG responsible for overseeing an international business across sites. Mr Stinson was also previously CEO and MD at Synerject, VP Manufacturing OMC, Director Advanced R&D Product and Process Mercury Marine, division of Brunswick Corp, Project Engineer LT-5 Corvette engine, USA SME 1990 Young Engineer of the Year, and leadership positions with international ventures - Yamaha, Honda, Chrysler, Penske and others. Mr Stinson is a Non-Executive director of Aurora Labs Limited (appointed 26 February 2020) and is also Non-Executive Chairman of Talga Resources Ltd since 9 February 2017.
BBA(Major-OpsMgmt), FAICD Male
Mr Anthony Shields
Non-Executive Director 28/10/2019
Mr Shields is the Managing Director of Asymmetric Investment Management Fund Pty Ltd (Asymmetric). He also sits on a number of other non-listed company boards both in Executive and Non-Executive capacities (Asymmetric Investment Management, Source Certain International, NWQ Capital and Old Perth Port). Prior to Asymmetric, Mr Shields established and managed an investment portfolio for a family office in Perth, Western Australia. He currently sits on the investment committee of Canci Group advising on investment strategy and portfolio management. Prior to his family investment roles, Mr Shields worked for Deutsche Bank in equity and derivatives sales and trading, and for Macquarie Bank as an equity analyst and in institutional equity sales and trading.
Male
Top 20 Shareholders
| Name | Shares | % | |
|---|---|---|---|
| 1. | Log Creek Pty Ltd <88 Green A/C> | 584,099,520 | 5.24 |
| 2. | HRM Investments Pry Ltd | 460,000,000 | 4.13 |
| 3. | Log Creek Pty Ltd | 400,000,000 | 3.59 |
| 4. | Citicorp Nominees Pty Limited | 260,624,172 | 2.34 |
| 5. | Daws & Son Pty Ltd | 250,000,000 | 2.24 |
| 6. | Asymmetric Credit Partners Pty Ltd | 250,000,000 | 2.24 |
| 7. | Mr Grant Jonathan Mooney | 250,000,000 | 2.24 |
| 8. | Richcab Pty Limited | 200,000,000 | 1.80 |
| 9. | ACN 112 940 057 Ply Ltd | 200,000,000 | 1.80 |
| 10. | Asymmetric Arbitrage Ltd | 200,000,000 | 1.80 |
| 11. | Dawnray Pry Ltd <HWBL Superannuation Fund A/C> | 200,000,000 | 1.80 |
| 12. | Eminent Holdings Pty Ltd | 167,724,687 | 1.51 |
| 13. | Cathben Pty Ltd | 99,595,205 | 0.89 |
| 14. | Fraser Investment Holdings Pty Ltd <Fraser Investment A/C> | 96,325,162 | 0.86 |
| 15. | Mr Kenneth Roger James <James Family A/C> | 80,000,000 | 0.72 |
| 16. | 1 P Morgan Nominees Australia Pty Limited | 77,504,010 | 0.70 |
| 17. | Mr Barry Leslie Ramsay | 74,000,000 | 0.66 |
| 18. | Mr Carl Gianatti & Mrs Margaret R Gianatti <The Gianatti Super Fund NC> | 72,935,589 | 0.65 |
| 19. | Mr Scott Dominic Grogan & Mr Bradley Vincent Grogan <Grogan Family S/F A/C> | 70,000,000 | 0.63 |
| 20. | Richcab Pty Ltd <Dale Mckenzie 5/Fund A/C> | 63,638,760 | 0.57 |
Director Transactions
| Date | Name | Qty | Value | Direction | Notes |
|---|---|---|---|---|---|
| 11/05/2021 | Michael (Mike) Fitzpatrick | 563,051,281 | $1,709,458 | Sell | On-market trade. |
| 14/04/2021 | Terry Stinson | 15,000,000 | $45,000 | Buy | Exercise of options. As per announcement on 20/04/2021. |
| 14/04/2021 | Terry Stinson | 15,000,000 | $45,000 | Exercise | Exercise of options. As per announcement on 20/04/2021. |
| 24/03/2021 | Michael (Mike) Fitzpatrick | 43 | $1,109,400 | Exercise | Conversion of convertible notes. |
| 24/03/2021 | Michael (Mike) Fitzpatrick | 868,820,512 | $1,109,400 | Buy | Conversion of convertible notes. |
| 24/03/2021 | Michael (Mike) Fitzpatrick | 860,000,000 | $4,300,000 | Buy | As advised by the company. Nature of change is not mentioned. |
| 22/03/2021 | Anthony Shields | 60,000,000 | $389,727 | Sell | On-market trade. |
| 22/03/2021 | Anthony Shields | 60,000,000 | $90,000 | Buy | Exercise of options. |
| 22/03/2021 | Anthony Shields | 60,000,000 | $90,000 | Exercise | Exercise of options. |
| 05/03/2021 | Michael (Mike) Fitzpatrick | 842,727,275 | $3,043,371 | Sell | On-market trade. |
| 04/03/2021 | Grant Mooney | 250,000,000 | $312,500 | Exercise | Exercise of options. |
| 04/03/2021 | Grant Mooney | 150,000,000 | $843,039 | Sell | On-market trade. |
| 04/03/2021 | Grant Mooney | 250,000,000 | $312,500 | Buy | Exercise of options. |
| 04/03/2021 | Grant Mooney | 13,141,390 | $65,634 | Sell | On-market trade. |
| 04/03/2021 | Anthony Shields | 20,000 | $150 | Buy | On-market trade. |
| 04/03/2021 | Anthony Shields | 224,314,810 | $1,662,211 | Sell | On-market trade. |
| 24/02/2021 | Anthony Shields | 202,863,636 | $250,000 | Issued | Conversion of convertible notes. |
| 24/02/2021 | Anthony Shields | 10 | $250,000 | Exercise | Conversion of convertible notes. |
| 24/02/2021 | Anthony Shields | 200,000,000 | $800,000 | Issued | Issue of options. As per announcement on 02/03/2021. |
| 24/11/2020 | Anthony Shields | 16,666,666 | $20,000 | Issued | Issue of securities. |
| 24/11/2020 | Michael (Mike) Fitzpatrick | 71,666,666 | $86,000 | Issued | Issue of securities. |