PWN 5.56% 1.0¢ parkway corporate limited

Parkway had a compelling story and was attracting a lot of...

  1. 185 Posts.
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    Parkway had a compelling story and was attracting a lot of interest when it talked about recovering minerals such as lithium from Brines.
    That narrative in my view could have taken the stock to 5 cents.
    If you think for one moment that the current business will be sufficient to fund the company I think you are dreaming .Clearly a lot of
    other investors have the same view. This is why the stock is being sold down as they burn through the cash.
    Management should ask why they do not have a broker supporting them?
    They need to find one or a serious financial backer quickly as opposed to a bunch of day traders.
    Yes they put money in the bank at plus 2.5 cents but then stopped promoting.They sold the South Hartz holding way to early at 5 cents when it is now 17 cents..Perhaps it is time they asked themselves some serious questions.
    It is not easy building a company and you certainly need to have a good broker on board and to listen to their advice.
 
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Last trade - 11.18am 30/04/2024 (20 minute delay) ?
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