I'm glad the sp has held up at these levels and not drifted back...

I'm glad the sp has held up at these levels and not drifted back to the CR price of 14c. That normally happens post CR's by junior companies.

Next it's the SPP, and I expect some retail holders will sell down at these levels to fund their SPP application. You would not expect $3m to move the sp one way or the other. But as a poster noted on an earlier thread the maximum application monies, at $15k each holder, is closer to $80m. Obviously the actual amount will lie somewhere in between.

I know a lot will say surely holders won't sell to pay for the spp. But it's a fact of life, not all holders have spare cash to fund their application, and entitlement has already passed.

Of course there is nothing stopping POH from making an announcement now the spp entitlement date has passed. That would put a new floor under the sp.