POK 0.00% 20.0¢ potash minerals limited

trading halt, page-18

  1. 3,159 Posts.
    "the SP will reflect even if the general market is bad."

    Birmingham - Sorry mate, I've heard that line MANY times before. When a market collapses, good, bad, or otherwise get sold. This is mainly because no-one wants to buy, so folks who need liquidity have to sell at any price.

    I will be over-joyed if "it's different this time", but historical evidence is on my side.

    The thing to always remember is, a share price does not necessarily reflect true intrinsic value - in both directions. If the market was always right, no-one would ever be able to make money.

 
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