PO3 0.00% 22.0¢ purifloh limited

Ann: Half Yearly Report and Accounts, page-59

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  1. 6,376 Posts.
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    @Maxlots ........" I was expecting a more elaborated report engaging more investors and the share price going up to the sky"

    I certainly wasn't expecting any such thing. It just seems very strange to me that someone would buy into such a thinly traded stock on a whim of such an expectation.

    Traders I know would not touch PO3 because one whiff of bad news could send the SP tumbling. Luckily for you that didn't happen, nor did any of us expect it to happen.

    You don't have 2 billionaires joining the BOD on any old tech that you can pick up at Ebay. That's the main reason why I bought in, not just the tech but the fact a billionaire that is 71 would not only pay nearly 5 times current SP but also join the BOD, after long DD.
    The $10m investment would be minor to him, but his time would be valuable, so he obviously saw something special here. That is good enough for me no matter what you find on Ebay.

    BTW a lot of us got in at around or below BP's buy in price, so are not worried at all.

    Ask yourself this, why would such a billionaire join the board (yes I know we have 2), if all your research is so accurate??

    Looking forward to your answer.
 
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