POK 0.00% 20.0¢ potash minerals limited

Ann: Trading Halt, page-48

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  1. 3,437 Posts.
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    Ok, feel like i'm repeating myself here BUT seeing as this afternoon might attract some new interest here's the deal:

    1) POKO is convertible up until 30th December at 20c. Under normal circumstances you could trade POKO until a week before this date, HOWEVER:

    2) POK (and therefore POKO) will be suspended from trading on monday as part of it's relisting. POK (BUD) will recommence trading in december after POKO has expired.

    3) The TH today has nothing to do with 1 and 2. The TH is regarding a commercial deal. Every TH announced to the market has a standard "lifting" date on the morning of the third day from when the TH is announced, ie Tuesday

    4) The TH can be lifted at any stage once the conditions of the TH are satisfied. POK has said this is very likely before EOD today.

    5) If they don't lift the TH today then no more trading of POKO and no trading of POK (BUD) until december.

    6) I very much think this will be lifted this afternoon

    7) It is going to the moon
 
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