POW 0.00% 0.8¢ protean energy limited

This is now a $1.5mill ,$800k cash shell and a traders play toy...

  1. 458 Posts.
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    This is now a $1.5mill ,$800k cash shell and a traders play toy I got in much higher for a short term trade and am pissed I ever did the only reason I hold is players like Tolga and others from GTR hold majority amounts and this is the perfect shell to transform like many others.
    They will probably run it right up do a CR at higher prices vent in a nice asset or % share of one and all will be forgotten under a likely new name as the old has a bad reputation/disgruntled holders ..... seen it time and time again

    Other scenario is ASX intervention but the latest half and suspension is their atempt to show transparency and that everything is above board so by the company’s actions they havnt given up on keeping it listed IMO

 
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