On a value basis, the stock is oversold for NTA is 16.97c and the companies known financials support the belief for a higher share price. The reality of it is to wait for the stock to trend would be paying higher--but then maybe you would make money quicker, the risk (a view expressed) is in fact lower at these levels than higher up. Selling pressure still exists (Ing),but their are signs of it easing --as Baby Boomer said sometime ago--makes you wonder how many months before they run out---I think once you go below 5% you don't have to report substantial shareholder---they must be getting close to that now. I believe 24c with a p/e of 15 on the short and with a medium term view 39c.(if sector becomes bullish then higher again than 39) (the 39c is subject to how the company restructures and what the business plan is after the restructuring---basing it on a net profit after tax of 12.3 mill-for full year) Interested in other peoples thoughts. (sectorally the software sector on Nasdaq has improved a bit--Ive been monitoring over a couple of months)
PWR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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