I see there is an attempt to suggest that things are not quite as bad as they seem. Interesting, to say the least.
Things ARE as bad as they seem at POS.
Currently, their greatest commodity is time and they are fast running out of that. Whatever they receive from the Placement in the immediate future (from shareholder uptake) may only be enough to add another quarter to their life support, if they are lucky. Then they'll be straight onto the owners of the laundromats over the next 3 months to take up as much of the shortfall as possible to attempt to keep the oxygen running.
Monday could possibly see a price tag of 0.003 cents. Does that suggest things are hunky dory?
Ann: POS enters agreement to develop Windarra Tailings Project, page-16
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Mkt cap ! $16.71M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $17.80K | 4.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 47816915 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 13989612 | 30 |
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