All paper money. Also shareholders will not see any returns even if the asset is disposed, likely just go towards funding management fees over the next few years. PWN uses $500k a quarter or $2m a year.
Unless there is a partner that will develop Dinner Hill, PWN share price will be in the duldrums. A lift in sentiment in the fertiliser sector may help the share price as well but this may not be on the short term horizon.
I do admit that if they can get some traction on Dinner Hill (favorable deal) there would be a good re-rate for the share price at current levels which would provide a good trading opportunity.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $22.13M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $9.264K | 1.151M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 5772571 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4061449 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 5772571 | 0.008 |
20 | 10803205 | 0.007 |
16 | 7675383 | 0.006 |
5 | 10810009 | 0.005 |
2 | 1900000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 4061449 | 2 |
0.010 | 1528270 | 4 |
0.011 | 1836111 | 5 |
0.012 | 1676584 | 4 |
0.013 | 1500000 | 1 |
Last trade - 15.46pm 02/08/2024 (20 minute delay) ? |
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PWN (ASX) Chart |