They cant get them cheap. One thing technically that has attracted me to POH is how tightly its held. Considering there is 740mill shares on issue, even when POH rose to its lofty levels of 17c during May, its highest daily volume in that period was 5mill shares (or well less than 1% of total stock). It reached 3mill shares in daily trade just 4 times.
As a broker acting on behalf of clients, you simply cannot get a decent quantity of stock without pushing it up significantly. All you can do is try all the tricks in the book to try and cap it, but very difficult to do with such limited tradeable stock available.
All POH need to do is keep building up momentum with regular announcements. We now have 2. We can expect a string of them over the next 3 or so months, this is now a no brainer from both a fundamental and technical analysis in my view.
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