PO3 (ASX) A Behemoth in the Making

Originally posted by Fela ↑

Great post again tukebay – always a worthwhile read.

The recent Half Yearly mainly reinforced and reminded what we already knew – and your further insights are useful reinforcement that – yes – this will be BIG.

I’m fascinated by (some) people’s expectation around the timing of SP movements with this stock. Geez – BP only came on board last November - now it’s March and we see posts announcing how the ‘hype’ is over. A bit difficult to change the world in 3 to 4 months eh?

Funny how attention spans are increasingly limited these days. And the desire for a quick win blinds people to likely future opportunities.

Sure – if one has a reasonably significant level of exposure to this stock - seeing a slow decline over the last few weeks can be unsettling – particularly if there are a few other stocks in ones’ portfolio experiencing weekly, if not daily, gains. And – yes – I’m speaking from personal experience.

But I suspect it is more about a comparison with the early Jan highs – than the price at which BP came on board.And slow SP declines with low volume don’t exactly speak to massive capitulation.

I’m personally taking the perspective that fluctuations in the SP over the next 12 months are of little consequence. And I am viewing PO3 through a very different lens to others I hold - it does seem to be a very different beast. I would not be at all surprised to see it getting close to or even below $3 – which would no doubt cause a few down rampers who have been visiting the PO3 thread lately much joy. But I would be incredibly surprised if it sits at that level following any significant announcements.

Sure – if we’re still struggling to gain real traction in the market for FRG technology this time next year I may have to re-evaluate – but any sooner than that and I will know I am losing one quality that most successful shareholders seem to have.

Patience.

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Very well put @Fela.
It seems as though I keep repeating myself on HC, but I don't day trade or play stocks for a quick turn.
If I can make 500-1000% over a couple of years safe in the knowledge that my investments are being well managed by directors aligned with my interests, it allows me to go about my day to day life not tied to a trading screen. and comfortable in the fact that I'll have an opportunityto exit and make a lot of money.
I won't have the adrenalin rush that the traders will have, but I'm willing to bet that I'll end up making much more money.

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Last 22.0¢		Change 0.000(0.00%)		Mkt cap ! $7.078M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

A Behemoth in the Making, page-4