The market is waiting for an announcement re the IMX settlement (balance in PWR shares based on annual results of IMX). They have been negotiating another way.
PWR is very quiet - there are comments about a possible buyback offer but no confirmation.
If they settle the IMX thing then it will be continuing divestment of non-core companies. Hope they pick em better next time. The new strategy of owning intellectual property rather than simply selling others' products with value add may pay off.
They are certainly undervalued but sentiment needs a good lift.
The market is waiting for an announcement re the IMX settlement...
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 (20min delay)
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Last
$1.74 |
Change
0.055(3.26%) |
Mkt cap ! $299.7M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.75 | $1.67 | $428.8K | 249.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 280 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| PWR (ASX) Chart |