PWN is one of the worst-performing stocks on the market for a reason. It's made hardly any serious progress worth mentioning on its signature project - Dandaragan Trough - in years.
I mean, for crying out loud, look at this latest presentation. You'll see the same tired graphics, with only the dates pushed further out yet again. The feasibility study on Dandaragan is now not supposed to be done until into 2019. Go back to 2014 and you can find the same project timeline on presentations then touting the feasibility study to be done and dusted by 2016.
Go back yet again to 2013 and the feasibility study was projected to be done by first quarter 2015. You see the pattern. The can keeps getting kicked down the road and the only thing being mined in the meantime is shareholders.
Potash price is rebounding and yet this company has seen its share price crater. Not hard to see why on its performance. If there isn't a first strike coming at the AGM something is drastically wrong.
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- Ann: Investor Presentation
Ann: Investor Presentation, page-5
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $22.13M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $13.25K | 1.657M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 15506631 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3680619 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 15506631 | 0.007 |
15 | 2842049 | 0.006 |
4 | 1810009 | 0.005 |
2 | 1900000 | 0.004 |
6 | 47209910 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3680619 | 9 |
0.009 | 8262239 | 10 |
0.010 | 1528270 | 4 |
0.011 | 525000 | 2 |
0.012 | 103333 | 2 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
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PWN (ASX) Chart |