One thing is certain,I do not expect to receive a divi from this-ever.
Pure cap gain play for me.
At $1, the marketcap is probably $1bill. I can't see it reaching this unless substantial revenues start flowing. And on that basis you'd assume they are getting closer to profits and dividend announcements. If POH does reach $1, to me it signifies a company-making event has been achieved and I can't see it not at some stage after that producing a dividend. A takeover would be the only other reason a dividend could not be reached.
Saying all that, I am also in it predominantly for the capital gain. When it comes to dividends, it's always important to re-evaluate whether the company you are in is giving you the best returns for your risk profile. The question with POH, just like any other company would be, for my x$, am I getting the best dividend return possible?
POH Price at posting:
14.0¢ Sentiment: None Disclosure: Held
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