PWT powertel limited

It's now 8.6c with nearly 7 million traded and 135 trades today....

  1. FullGuy
    3,439 Posts.
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    16/05/03
    13:03
    Post #: 172738
    It's now 8.6c with nearly 7 million traded and 135 trades today. That's maybe speculation and traders getting onto a mover but more likely positioning methinks. Why would you buy at 8.6c when you can get them at 1c in a months time? Even allowing for the dilution that's less than 2c.

    Maybe a competing takeover trigger will occur here?
    PWT Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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