POK 0.00% 20.0¢ potash minerals limited

POKO converions, page-48

  1. 1,827 Posts.
    lightbulb Created with Sketch. 27
    I believe the fall in SP from 27c to 20c right before suspension is purely due to profit takers and traders that aren't willing to have their funds tied up to a suspended stock for more than a month. It's quite common for that to happen.

    Let's take AZK/BRN for a comparison, it did capital raise at 15.7c and it went up to as high as 45c with zero cashflow/clients/agreements pending etc. On day 1, it opened at 16.5c and reached 23.5c. A week after it went to 31c and kept an upward trend to 45c and got smashed by a mediocre announcement.

    Do you think BUD has a better prospective? I think so.
 
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