What happens now as always happens some of the investment managers are looking at it and buying a few and then their research committees will start looking at it with all the other good opportunities and in a few weeks time some extra slow buying and then Motley Fool may recommend PIQ ASX to their elite paying customers if they not already done that but im just guessing because with only 84 million free shares available to buy it might start to look harder to get many at a good price but with luck some vendors will release more for sale depending on the gloom and doom coming out in the media.
I'm just guessing about what MF will do from what I observed would happen in the old days working in investment departments and committees.
I have a theory about legal strategies current supporters could use to get other serious investors looking at PIQ and coming to a positive conclusion without risking fines as unqualified advisers but I'll discuss that into the future.
the first quarter and half will deliver the good news we hope but really in my unqualified opinion this company should be worth triple what it is valued now just on current approved developments. I'll look up another research group assessment I found which supports my personal assessment and post it .
I'm not an advisor so please DYOR on this highly speculative stock. Do others believe its a highly speculative stock? There are some potential risks obviously but hey this could be a beauty with so few shares on issue that are freely available imo. Only 140 million 40% owned by main people leaving circa 84 million to play with to trade for those interested in trading but for longer term holders ... anyone guess what it might be worth in 1 to 2 years time?
PIQ Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held
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