Indicators with bright spots
The share price of Australian water treatment technology developer Parkway Corporate (ASX: PWN; FRA: 4IP) reached its twelve-month high of AUD 0.018 in August. The share price then fell steadily within the blue downward trend channel and began to bottom out in December at AUD 0.008, a level that has been maintained to date. In mid-January, the trend channel was broken by the current sideways movement.
The 100-day line is still clearly falling further and recently crossed the (only slightly falling) 200-day line recently to the downside.
While the average lines are therefore negative, the indicators show rays of hope that support the breakout from the downward trend.
The MACD indicator already generated a technical buy signal in December (the blue line crosses the red line upwards), which is still valid. The stochastic indicator did the same – the signal was given at the end of January.
The trend confirmer, which last traded above 100 in positive territory in September, is on the verge of jumping back above 100. The Chaikin Money Flow Index, which has been showing an inflow of capital into the share since November (with the exception of a short break during the Christmas period) due to its continuous trend in the green zone, is remarkable.
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According to §34b WpHG and §48f Abs. 5 BörseG (Austria) we would like to point out that GOLDINVEST Consulting GmbH and/or partners, clients or employees of GOLDINVEST Consulting GmbH hold shares of Parkway Corporate and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell Parkway Corporate shares at any time, which could influence the share price. In addition, there is a consultancy or other service agreement between Parkway Corporate and GOLDINVEST Consulting GmbH, which represents a further conflict of interest, as Parkway Corporate remunerates GOLDINVEST Consulting GmbH for its reporting.
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MD INTERVIEW: Parkway Corporate (ASX:PWN) MD Speaks with GoldInvest about recent corporate developments (30 Sep 2021).
Group managing director, Bahay Ozcakmak sat down with Sven Olsson of to discuss all things $ESG & $water.
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https://www.youtube.com/watch?v=h3DtJKjGNs4
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Earlier this month, Parkway Corporate (ASX:PWN), released a new corporate presentation.
$PWN #ESG #investing #sustainability #water #innovation #technology
The corporate presentation can be viewed here:
https://cdn.shopify.com/s/files/1/0529/9529/3345/files/2021_09_03_PWN_Presentation_82.pdf?v=1630891279
June 2020 Quarterly Report can be found here: https://www.asx.com.au/asxpdf/20200709/pdf/44kcy4sy0mpryd.pdf
$PWN - JUNE 2020 QUARTERLY REPORT
The quarter was marked by significant progress on both the Technology and Projects front, as Parkway Minerals continues to undergo an exciting transformation into a leading brine processing technology company.
June 2020 Quarterly Report can be found here: https://www.asx.com.au/asxpdf/20200709/pdf/44kcy4sy0mpryd.pdf
🌿 June 2020 Quarterly Report | Parkway Minerals (ASX:PWN) | Strong progress during quarter 🌿 - https://mailchi.mp/parkwayminerals.com.au/parkway-minerals-asx-pwn-updated-investor-presentation-outlining-business-model-3909134
PWN - March 2019 Quarterly Report - https://mailchi.mp/parkwayminerals.com.au/pwnupdate-1567837
PWN - Exploration Target for Dambadgee Prospect, Dandaragan Trough - https://mailchi.mp/parkwayminerals.com.au/pwnupdate-1536229
Significant Resource Upgrade for Davenport Resources - https://mailchi.mp/parkwayminerals.com.au/pwnupdate-1510121
