Hi Geem- regarding your comment "the current price seems a bit high i think".
I believe the current sp has fallen well behind the cos true value. This view is shared by one of the best and most respected Analysts in the country - Charlie Aitken of Southern Cross Equities. Charlie is ranked as one of the top three dealers in Australia. Southern Cross which POH has just appointed as its coporate advisor have put a circle around 50 cts as POHs current value. This is the sp number that Southern Cross needs to see under the terms of its deal to allow all of the options allocated to it in lieu of a cash fee- to vest.
We will see perhaps next week the release of Southern Cross's Buy Report on POH and then you can read why POH is cheap at the current sp. Or you can read the vals posted by Pigsofsteel, Weighlifter, Gmutton and Jevalent on various aspects of POHs pipeline
All the best
KC
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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63 | 101422109 | 0.2¢ |
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Price($) | Vol. | No. |
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0.3¢ | 20872825 | 7 |
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23 | 71850508 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 20872825 | 7 |
0.004 | 23380242 | 19 |
0.005 | 27709765 | 14 |
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