This is where I think the OTC listing will help PO3 come into its own.
Aussie punters prefer paying pennies for stocks rather than dollars.
US punters see stocks trading at a few dollars as penny stocks and are not deterred from buying a stock at $5, $10, or $20 - USD that is.
And the USD/AUD exchange rate is currently providing a very nice tail wind for any US investor wanting to buy an Aussie stock.
PuriflOH set for report blizzard?, page-26
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22.0¢ |
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Mkt cap ! $7.078M | |||
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| PO3 (ASX) Chart |
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