The expectation of this process to take years is perfectly reasonable and I think most people get that. However, in respect to how the market views PWN is that while we are down the track on this long process, we don't have a free run. Each of the steps are not some arbitrary tick the box exercise.
So I think the market has three view points: 1) treat this as a close to slam dunk and expect to pass through all the stages (think Mr. M falls in this camp), 2) cautiously optimistic but remain sceptical or 3) totally sceptical.
I don't think the market has enough information to shift the sceptics into the cautiously optimistic viewpoint. I also think that the building of market expectation of incoming information "imminently", "soon", in the " near term" and not delivering further hampers that and shifts the cautiously optimistic to the skeptical. So "when will the market get it?" As Mr M has asked a few times. When it has the information at hand.
So I think we are pretty fairly priced ATM, I'm not comfortable risking what MrM has as I'm in the cautiously optimistic camp and would rather ride the wave up
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $22.13M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $9.7K | 1.212M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 4778902 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 3609821 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 4078902 | 0.008 |
15 | 6701294 | 0.007 |
14 | 10239663 | 0.006 |
6 | 11040009 | 0.005 |
4 | 5300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 3609821 | 7 |
0.010 | 2450127 | 8 |
0.011 | 1850000 | 3 |
0.012 | 123013 | 3 |
0.013 | 1500000 | 1 |
Last trade - 10.20am 23/08/2024 (20 minute delay) ? |
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