great news, page-31

Don't really understand this placement scare tactic strategy. I believe a placement is likely, but the company still has plenty of funds to keep them going for at least another 6 months. POH has 740mill shares. At 10c that places them with a marketcap of $74mill. Last time they did a share issue they raised $7mill (in October last year ie ONE year ago). I wouldn't expect them to need to raise any more than that (if they indeed need to). At today's shareprice thats less than a 10% dilution of shares. I expect the shareprice to rise substantially over the enxt 6 months. Therefore the dilution may be significantly less.

I really fail to see how a 10% dilution and yesterday's great announcement - which basically confirms they are shooting for commercialisation within the next 6 to 9 months) - and more imminent announcements, including enhanced product lines in Australia and overseas can change the position of POH to a MORE risky investment.

Yesterday's news was excellent. Not sure how anyone can either claim that there waas nothing new in that announcement. My only guess is lack of English comprehension.