PWN 5.88% 0.9¢ parkway corporate limited

It's interesting that Scidev has gone on a run and PWN...

  1. 803 Posts.
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    It's interesting that Scidev has gone on a run and PWN can't use the "whole water tech market is in the shite" anymore because they've nearly doubled on increasing revenues, cash and profits.

    Hopefully we'll see the same sort of news starting to come out of PWN now that it's a larger business with $20m in annual revenues and increasing cash and profit.

    That way the traditional metrics might be used to value the company with some blue sky in there for FEED and the Master Plan.

    I've been toying with the idea also of loading up pre quarterly but am weary of the funding requirements of an increasing pipeline of work for Tank World and using up valuable working capital to do that until you get paid in milestones from the clients.

    I have managed to pick up 2.5m over the last few weeks and with settlement now out of the way, am considering a lot more but just holding off until we see what the quarterly produces.

    Mr M.
 
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