I agree. Volumes have been virtually non-existent, so any movement down OR up is no guide to the medium or long term out look fo PRW.
There are only 5m shares on the offer out of 400m, and you could also note only 1.3m on the bid.
My point is that PRW is currently unloved by a very small minority of holders; i.e. those who for whatever reason could not hold out for the upcoming announcements. These should have a positive impact on the sp as they substantially derisk Barnes Hill. That being the case the sp could rise suddenly and sharply.
Remember our friends at RB Milestone have an sp target of 36c.........
PRW Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held