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Technically Speaking, page-632

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vmp

4,860 Posts.

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21/01/19

22:32

Post #: 37180509
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Originally posted by tukebay ↑

I can't speak for PO3 management, but if I had to guess I'd say the following:
1. They wouldn't give a sh-t. I doubt they even look at day to day share price movements as they're playing a long, fundamental game.
2. If they do see this crap, it would be nothing more than an annoyance as there's nothing they can do about it. It's the ASX who are errant in their duties by allowing trade of this sort.
It's not just the PO3 market that is a Mickey Mouse market, it's the whole ASX!
It just further reinforces my belief that a dual listing would be so good for PO3 on so many levels.

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I was thinking, they don’t have any incentive to dual list unless BP and Dilato’s are planning to reduce their holdings(but they’re not in a hurry they keep it under wrap until it’s time to wean this baby as a multi billion dollar company). What’s the dual listing for, to benefit the 15%? They’ll probably list when another CR is done

PO3 Price at posting: $4.52 Sentiment: None Disclosure: Held
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