I think gestation period was expected. If we sign a contract, it could start as a feasibility contract, or if that has already been done by a third party, they would still need to build it. Looking at an 18 month turnaround from the signature to revenue. But once that contract is signed, I think it will be built into the share price as if revenue was occurring that day, so I'm not too concerned.
The big takeaway for me is that Blue Chips want in to the sector, and they will pay a premium to do so. Hopefully they can position the company for a generous acquisition!
Another takeaway for me was Bahay's intent to market what PWN is all about over the next 3 months. Perhaps the next quarter will have more shareholder engagement?
I think gestation period was expected. If we sign a contract, it...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.67M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $50.38K | 5.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6572648 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 145529 | 1 |
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| Last trade - 15.11pm 11/09/2024 (20 minute delay) ? |
| PWN (ASX) Chart |