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The Beast, page-41

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11,703 Posts.

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18/11/15

09:20

Post #: 16420203
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Originally posted by abdm ↑

Hi TheGardener

When the Company confirms the outcome of what we can reasonably assume was a heavily oversubscribed SPP, I think you and a few other POKO holders here will quickly appreciate just how "total risk-off" that "total gamble" theory will look like. We should also spare a thought for those who saw the magical rainbow suddenly appear during the last two sessions making an unattainable offer look far too good to refuse View attachment 114926 that could simply be funded by on-market sale...

By the time Buddy begins trading again, scaled back applicants from the 'public' offer are still going to be hungry, Dave and his gasoline will start preparing to show the amateurs how to walk the walk , a large portion of us SPP applicants would've hopefully stopped stalking the mail box for refund cheques, and then we can almost definitely expect things will get chaotic around here...

Further compounding this heavy demand crisis will probably be accompanied by the fact that there's really only going to be about 150m additional shares (total circa $300m undiluted) arriving into the safe hands of new and existing holders whom are now confronted with a cash surplus dilemma that collectively could be multiples of the cool $20,000,000 just deposited into the Buddy kitty.

For those new to POK/Buddy, you may also be interested to know that POK/Buddy hold a substantial position (14%) in another Company which has just entered into a strategic acquisition and exclusive option agreement to acquire through RTO a new tech Company which over the past 5 years in R&D have been collaborating with, and funded by, the US DoD, US Army, US Navel, US Air Force, and NASA ~ Source

As a shareholder of POK, and part owner of Buddy Limited, this will effectively also make us part owner of;

View attachment 114926

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That I didnt know. Buddy is a substantial holder of weebit RAD?

POK Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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The Beast, page-41

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