"On the issue of whether large shareholders would sell out at 40c, if the latest group of sophisticated investors that picked up stock $0.09c were offered $0.40 tomorrow, I think more than one would be tempted to take more than 4 times their money in such a short time frame"
Most of the share placement went to existing substantial holders. Some did end up with a few traders and we may have seen them exit the stock already...but the majority of the placement is in stong long termer hands.
The top 20 holders account for 54% of the total issued shares in POH- and no they would not sell out for 40cts tomorrow - they expect based on company presentations and having done their own due dilligence to make several times that figure in due course....
KC
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.507M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $182 | 60.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
49 | 88052619 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 60223414 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
49 | 88052619 | 0.002 |
22 | 69095508 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 60223414 | 21 |
0.004 | 17122582 | 17 |
0.005 | 22833333 | 10 |
0.006 | 19255067 | 9 |
0.007 | 5722471 | 6 |
Last trade - 10.00am 20/08/2024 (20 minute delay) ? |
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