Yeah, I should clarify Crackpot. I simply meant that very few shares were listed for sale recently, but there should be more after the recent cap raise.
Anyway, here is some interesting news today on BHP's likely move ahead with their Potash division. The article quotes some interesting figures, and a bullish outlook for Potash in the longer term.
There are not many Potash stocks listed on the ASX. The trick may be, as usual, buying in at the right time in order to ride another Potash wave, or buying a foreign company, though there is probably no need to hurry at the moment.
I am expecting to pick up some of this stock again in the second half, probably before the drilling commences on their most prospective federal leases. I can't see a JV or takeover prior to this (but I am often wrong).
Gw
POK Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Not Held
