"...The average person has not heard of PO3, and it's most...

"...The average person has not heard of PO3, and it's most definitely not on the radar of any institutions."

Maybe, verse, but Beer & Co, the first (and only?) firm to initiate analytical coverage on Purifloh has this to say on its website:

"Great research is not worth anything if very few people get to read it. This means that

• Research must be readable; and
• It must be distributed, in a broad but targeted manner (it is no value distributing mining research to investors who are focussed on yield).

"Our research is currently distributed to

• Over 200 institutional investors globally
• Over 100 advisers in Australia who have an interest in small resources
• Over 100 High Net Worth Investors directly
• A growing number of individual private clients."

So far Beer & Co has published four reports on PO3. The last was published on December 13, 2018.

Smart instos would have read the reports and would be watching PO3's market performance.

But, much they might like to join the action, they have a problem - the stock is relatively illiquid.

These instos may have to wait for a CR. That could be some time away. And Beer & Co seems set to have a role.

Directors/co owners Michael Beer and Pieter Bruinstroop both attended Purifloh's AGM on November 30, 2018.  I observed Pieter Bruinstroop sitting next to chairman Steve Morris.