Just my thoughts - timing of the raising was unfortunate - no...

First 8 Last

Share
Profile

Follow
ralom

17,950 Posts.

457

22/07/22

15:18

Post #: 62678683
Share

Originally posted by NikolaL ↑

the fall in the SP has nothing to do with the company. The markets all over the world fell hard and commodities (metals in particular) were hit the hardest as fears from global recession grow - fall in demand for metals.

There is not much POD can do about that. Few other explorers were caught in this mess. As an explorer POD can't run on air and needs to keep exploring and for that they need funds. They need to convert some of the inferred resource into indicated so they can do scoping study and at same time to test the deposit at depth to ensure consistent grade continuity at certain parts that have UG potential.
And so far, results are pointing to probably more than 2 open pits as results continue to show economic grades across the strike.

Happy to be corrected but I think we are offered same price as the sophs so I can't see how this management is screwing us.

They don't waste money on irrelevant stuff and most of the funds go into exploration.
I did take my entitlement and bought few below 22c to add to my holdings.

But everyone is entitled to their opinion and everyone has their own reasons.. only issue I have is when people come critical and accuse (or defend) the management without offering logical or meaningful explanation why.

Expand

Just my thoughts
- timing of the raising was unfortunate
- no underwriting ( it seems )
- 1:15 means 6666 for every 100000 shares you have .
-will be at the mercy of retail investors for a while

POD Price at posting: 24.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

RML

Resolution Minerals charges further into antimony space with Horse Heaven acquisition

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 4.1¢		Change 0.005(13.9%)		Mkt cap ! $27.93M

Open	High	Low	Value	Volume
3.8¢	4.7¢	3.8¢	$152.9K	3.691M

Buyers (Bids)

No.	Vol.	Price($)
1	121681	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	131578	1

View Market Depth

No.	Vol.	Price($)
1	121681	0.041
3	182638	0.040
3	105461	0.039
2	171212	0.038
4	367638	0.037

Price($)	Vol.	No.
0.042	131578	1
0.043	215279	3
0.044	157075	3
0.045	416667	2
0.046	25180	1

Last trade - 16.10pm 19/06/2025 (20 minute delay)

POD (ASX) Chart

Just my thoughts - timing of the raising was unfortunate - no...

Resolution Minerals charges further into antimony space with Horse Heaven acquisition

Many are concerned about global falling birthrates. This diverse stock has solutions

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Just my thoughts - timing of the raising was unfortunate - no...

Top Stories

Resolution Minerals charges further into antimony space with Horse Heaven acquisition

Many are concerned about global falling birthrates. This diverse stock has solutions

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News