POK 0.00% 20.0¢ potash minerals limited

So, let me get this straight... First, you lot said "Insider...

  1. 3,159 Posts.
    So, let me get this straight...

    First, you lot said "Insider trading. Drillers must have seen Potash shows"... This explained the rise from 55c to 80c.

    Then, the fall yesterday (After a 40% rise) is explained by "Insider trading. POK organised a Material Capital Raising on Wednesday afternoon - After market!"... This explains the fall yesterday.

    Do any of you know how silly you sound...? Probably not.

    Anyway... This could be an amazing development - or a bad development.

    What to look out for:
    a) How much is raised.
    b) What price shares are issued at.
    c) Who (company/investor) is providing the capital.

    Reality check.

    Capital needs to be raised. Global markets are on the verge of total decimation. If POK can get some extra capital now, then it is a good thing. They may not be able to in 6 months time.

    I am cautiously optimistic, but remain prepared to hit the sell button. Nothing in this market is a sure thing... Even if it is a “sure thing” it will be killed in any significant market wide sell off.

    Stay frosty.
 
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Currently unlisted public company.

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