I think PWN is about to get a lot of attention and would not be surprised if the 2 cent options are in the money by the end of the year.
If management can deliver for Shell what is set out on page 24 of the presentation ,Shell will save tens of millions a year using PWN proprietary technology.
Management have set this out with great confidence which appears to be growing as they complete the study.
This story will attract institutional support and the only way they can get a position is by buying on the market.
PWN has plenty of cash so this time they don't need a crazy placement.
The day traders have largely gone so if you decide to buy 200 million PWN shares and get a meaningful position you are going to have to pay up.
I suspect you could get the first 100 million for under 1.2 cents but good luck with the balance !
We have seen PWN have massive runs in the past and I expect another shortly.
Don't be in a rush to sell as this story is unique!
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.61M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $16.90K | 1.824M |
Buyers (Bids)
No. | Vol. | Price($) |
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14 | 9167848 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 6522034 | 5 |
View Market Depth
No. | Vol. | Price($) |
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14 | 9167848 | 0.009 |
9 | 2570006 | 0.008 |
11 | 4027642 | 0.007 |
6 | 2671500 | 0.006 |
5 | 6530009 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 6522034 | 5 |
0.011 | 1308948 | 7 |
0.012 | 5161200 | 6 |
0.013 | 2000000 | 2 |
0.014 | 1215449 | 5 |
Last trade - 15.57pm 30/04/2024 (20 minute delay) ? |
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Open | High | Low | Volume | ||
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Last updated 13.35pm 30/04/2024 ? |
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