As far as I can see there is nothing wrong with his selling a couple of million shares,particularly as he sold prior to the positive announcement and also because he has (so I hear) put much of his own cash in to help the turn around .
It's hard to say that PWR is going places after their dismal fall from great heights,but it will only take a few positive moves (ie contracts) to push the share price to much higher levels (9-12c is quite possible).
If you are not happy with the potential of stocks that are possibly in recovery mode,try something solid like AMP! (now that must be safe)
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PWR
peter warren automotive holdings limited
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0.30%
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$1.69

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Last
$1.69 |
Change
0.005(0.30%) |
Mkt cap ! $291.1M |
Open | High | Low | Value | Volume |
$1.69 | $1.69 | $1.67 | $19.36K | 11.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 715 | $1.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.69 | 623 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 715 | 1.680 |
1 | 76 | 1.675 |
1 | 1076 | 1.670 |
3 | 1183 | 1.665 |
1 | 3000 | 1.660 |
Price($) | Vol. | No. |
---|---|---|
1.690 | 805 | 1 |
1.695 | 5278 | 1 |
1.700 | 2301 | 3 |
1.705 | 6000 | 1 |
1.710 | 16591 | 3 |
Last trade - 11.53am 31/07/2025 (20 minute delay) ? |
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PWR (ASX) Chart |