Just remember why they went below 7c. They were forced to fess up to ASX that they could actually lose money in 2001/2002 rather than earn $12.3m profit. That's a big change and not a very comforting way to find out for all those shareholders that believed the market was dramatically overselling PWR.
So sentiment is unlikely to change except for those who see a temporary bounce. At least the day started slow possibly indicating some relief from institutional selling.
And no, dead dogs do not bounce higher than dead cats. This is a desperate aimless company IMHO.
Just remember why they went below 7c. They were forced to fess...
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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 |