These guys know the importance of market momentum and in this speculative end of the market they take calculated risk.
Management has always said that whilst there may be hold ups, they never doubted that a favourable decision would be made.
Some will say that that is just standard optimistic rhetoric, but I beg to differ. Reputations are at stake here and these guys always know more than they are allowed to let on.
I expect the jorc this week and for the share price to find new support at the important psychological level of 50c.
POK Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held