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Ann: Daejon Extraction License Application Submitted, page-70

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Surandy70

10,984 Posts.

1781

12/02/20

22:11

Post #: 42898500
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Originally posted by Surandy70: ↑

Emails sent to POW and MLD for more information about what this might mean for POW. Looks like we potentially could end up with up to 20% of the shares in MLD.

I note that this was announced in Canada on 27/1/20 and the next three trading days POW dropped 33% on relatively high volume.

I am glad this news has been posted here, in recent weeks I had been contemplating taking my losses and exiting this stock at $0.006 after having averaged down last October at $0.004 but even with averaging down I still have an average entry price of $0.011

Given the history of POW and my current financial position I definitely won't be buying more though.

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No response from POW but MLD put out an announcement on 10/2/20 that largely answered what I had asked them.

Another email sent to POW yesterday and phoned them this afternoon. Still no response from POW by email, phone or announcement.

If no response by Monday I will call them again and if still no response then I will formally complain to the ASX about their potential breach of the continuous disclosure rules.

POW Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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