One day closer. People positioning them selves without pushing the 2 cent SP (Resistance level perhaps).
2 cents is a "bit each way bet" so investors are quietly confident of a positive outcome IMHO.
If the announcement indicates that POH has a case and that the arbitrator is getting a bit impatient that the two parties have not been able to come to an agreement yet, then I think the SP will certainly rise - as will interest and volume in POH. Even a reasonable result in the settlement (we all speculated that 50-60mil seems a fair outcome, then I think we could see an SP closer to 6 or 7 cents so any update will be welcomed by POH shareholders and the market in general. If the update is Friday then so be it - not that far away anymore.
Any time now, page-7
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.338M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2 | 1.126K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 34751789 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 40153304 | 27 |
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| Last trade - 12.40pm 08/11/2024 (20 minute delay) ? |
| AVE (ASX) Chart |