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22.0¢ purifloh limited

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dolphinwrestler

1,600 Posts.

283

07/08/20

17:22

Post #: 46386123
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Originally posted by netflixnight: ↑

Correct me if i am wrong dolphin , BP did buy in at 2.40 and added 10 mil cash too the company . Well that cash is almost gone so the cash in the company adds value .This has very little cash compared to BP buy in days . Also since then they have stalled with technology and that was there own words back in feb Q announcement. This part surprises me as holders seem to look past that announcement.That was the start of the negative run and for good reason i thought and the company clearly indicated were they are black and white .If they can work this technology your going to be fine and well off that is the risk reward for the long term holders to hopefully gain along with innovation for an asx company. Yet 75mil cap and no products i cant see how this is cheap .

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I'd love to buy more at a buck or less, but until the company announces the technology they have developed is 100% bogus there will continue to be value attributed to it. $75m is not a lot of money. Individual patents can fetch more than that.

PO3 Price at posting: $2.05 Sentiment: Hold Disclosure: Held
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