POK 0.00% 20.0¢ potash minerals limited

POKO Expire November 30 - is there ANY hope?, page-60

  1. 2,473 Posts.
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    Crab, that makes no sense re if you can convert. What you paid for your oppies is gone, spent, no more. So given that why would you want to convert them at 20c when you can buy shares now for 14 cents...

    Cheers

    Z[/QUOTE]

    It's a cash flow thing, I don't have money right now to buy at 14c.

    I mean who know where they will go to once we get the prospectus.

    I would only convert if I could convert for a profit, i.e. they go to 23c+

    If they get back to 2.5c I would sell about 3/4 of my holding and see where they go from there.

    I haven't done myself any favors on this trade, really exposed and hurting, but I'm hopeful.
 
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