PHO 0.00% 3.0¢ phosco ltd

Ann: Trading Halt , page-7

  1. 24 Posts.
    Hi theyouth,

    I tend to agree with you after doing the following:

    1. I checked the original placement document
    2. I checked the past work histories of the dealers who work
    for the company who did the placement Petra Capital (see
    announcement 15/11/2010)
    3. I checked the placement allocations (see notice of AGM
    19/10/2011)
    4. I compared those allocations with the current top 20 as
    per the annual report (you only need 330,000 to be on it)

    Then I noticed the following:
    1. Buyers since the placement include African Lion, JP Morgan,
    HSBC, Citicorp, ABN Amro and various private investors (?)
    2. Sellers include Merryl Lynch, UBS, Penson Nominees an
    Blue Flag + another 10 placement recipients who didn't
    look like "institutional investors" to me!

    This all makes me wonder and gives me hope for the stock!
 
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Buyers (Bids)

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1 7768 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 42037 2
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