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20.0¢ potash minerals limited

Buddy CR is 50 times Over Subscribed is the word, page-38

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badhan

3,978 Posts.

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29/10/15

17:53

Post #: 16285505
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Originally posted by Nani (MG) ↑

I personally believe that the Promoter and the Company got it wrong in their expectations and also in pricing the CR. That's for sure. Otherwise why this madness. As some people said above, its true 10c for CR is too cheap and the reason for this mad bidding. i don't think personally that if the CR is higher it would be this mad even though it will still be strong. A lot to do with Microsoft involvement and also IoT being the IT thing right now Plus Dave's Silicon Valley connections and proven abilities. I always say one thing in most of my posts. Market is not dumb or stupid. Market always price a stock right. So we have to wait for 2 important dates.
1. The last day of trading and the closing price
2. Open Price of Buddy on resisting after the CR etc on Dec4th.

Lets see what lays ahead for buddy in those 2 strategic stages. Cheers.

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I think that is the reason they want POKO to be converted.They dint realise the actual price. So, more cash will come at a double rate.

POK Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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