OK mate :-) Just making an observation. Weather is quite nice...

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14,153 Posts.

2425

24/04/18

15:25

Post #: 32660179
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OK mate Just making an observation.

Weather is quite nice today.

You are persistent! Look back at the trading history and I’ll think you’ll find that there hasn’t been much trading volume for a long time.

I know this may come as a shock but people are sitting and waiting.

I suspect the company is in a state of inertia pending the announcement. There has been no new deals/partnership/relationship for months. The last was Rodman fields early December and before that you have to go back to September for any positive news.

I would hope that management are working on deals behind the scenes and hopefully the “potential “ deals mentioned in the investor presentation are going to come to fruition. Hopefully they are doing due diligence and revenue will come.

But no one can be sure and I would suggest that all investors are tapped out. If you don’t own POH you are not going to buy in without more direction than we have had since September. If you own POH you probably put as much money as you were prepared to risk in the CR. You’re not going to put extra money in now as nothing significant has changed your mind. If you own Poh and are going to sell you probably would have done it by now, if you haven’t sold as yet then you are probably holding in hope to recoup losses!

So, as we enter our last week before the six months is up, Poh investors have no real direction aside from Moylan and terumo injectibles. The problem with the injectibles is we can’t have confidence that any substantial deal would eventuate based purely on past behaviour.

Let’s hope that a decision comes soon and the last seven months Ross has been working behind the scenes on some major deals.

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POH Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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