I agree with what your saying. Tony is 100% correct IMO with how the market will react to the announcement POC won't include M&G in version 1. Everyone has seen how the market has been reacting since the loss of traction on BBI. Not being named as partner with POC 1 would hammer this share price into the ground in the short term as the market would be fed up with supposed deals falling through.
However if you are a firm believer in the other 100 or so deals and version 2 this will only present a buying opportunity if you so wish as obv if/when it gets named in version 2 or any of the other deals come through the price will rise again. Don't forget twin the market is not as well researched as you and can only see what is in front of them sometimes eg. $ and deals. Not what is lying in wait.
Re:Site Visit-18-03-15, page-82
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1.9¢ |
Change
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Mkt cap ! $46.90M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $63.94K | 3.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1806111 | 1.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 582019 | 5 |
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