It's been going on for a while. Looks to me like price manipulation. Putting in the large sell order just above current trading range makes it look as if there are sellers at a higher price, so people are less likely to sell at a lower price. Doing the reverse on the buy side would compund the effect. Maybe it's even the company trying hard to keep the SP from dropping below 5.0c?
I wrote to them yesterday to either confirm that PWEP will be commissioned by end Q2 as promised, or to make an announcement to the market that there is a delay.
CWE Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held
