PWN 9.09% 1.0¢ parkway corporate limited

Parkway Minerals (ASX:PWN) ticks off multiple milestones in December quarter, page-116

  1. 3,033 Posts.
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    Every investor should conduct their own research and have their own triggers for buying, holding and selling.

    Personally I like to see a company I invest in hit their key milestones on time. I also like transparency and have the company keep investors up-to-date with what they're doing.

    PWN seems to have skewed away from their key platform of luring Tier 1 miners to sign up to aMES and have now decided to be a one-stop-shop.

    But they haven't even signed one contract yet for aMES.

    It appears that the recent share price increase was just a pump and dump.

    Personally I see some red flags being posted for my personal investment strategies.

    Perhaps Bahay has bitten off more than he could chew by trying to lure the Tier 1 first up? Maybe they should have accepted some more moderate miners' requests just to get the ball rolling. At least that way they can do more fine-tuning of their process and also allow the Tier 1 miners to see just how it performs in real time - rather than rely on pilot plants and technoeconomic table-top calculations.

    An why haven't any of the Director's purchased shares on-market? Put their money where their mouth is and show investors that they're prepared to put their own $$$ into the company rather than salary sacrifice that is taken out pre-tax?

    You can't run a public company under a veil of 'stealth' forever. C'mon Bahay - tell us what the hell is going on.
    Last edited by ThePig: Well the price is now down to 1.3 Yay for us!! 09/02/21
 
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