As far as I can see there is nothing wrong with his selling a couple of million shares,particularly as he sold prior to the positive announcement and also because he has (so I hear) put much of his own cash in to help the turn around .
It's hard to say that PWR is going places after their dismal fall from great heights,but it will only take a few positive moves (ie contracts) to push the share price to much higher levels (9-12c is quite possible).
If you are not happy with the potential of stocks that are possibly in recovery mode,try something solid like AMP! (now that must be safe)
As far as I can see there is nothing wrong with his selling a...
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 (20min delay)
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Last
$1.67 |
Change
-0.035(2.06%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.66 | $94.90K | 56.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 2958 | 1 |
View Market Depth
| Last trade - 15.55pm 30/07/2025 (20 minute delay) ? |
| PWR (ASX) Chart |