POK 0.00% 20.0¢ potash minerals limited

We hit a high of 22c on pure speculation prior to due diligence...

  1. 433 Posts.
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    We hit a high of 22c on pure speculation prior to due diligence being completed and the second payment being made.

    I hold a significant number of poko from a much higher price (why on earth I didn't follow my rules is beyond me).

    I feel management are either deliberately releasing the minimum amount of information required legally or are incompetent beyond belief.

    My concern is management have shown complete disregard to the indicative timetable and if we don't complete the transaction by the start of November then we will be in serious trouble.

    News will flow and when it does, the share price will appreciate accordingly.

    Despite my rules, I'm thinking of averaging down to get me closer to break even, but it will only be a small parcel if I do.

    The other thing is there isn't significant volume (under 500k - I hold more than that) to get back to 3.5c
    Last edited by thecrabpest: 16/09/15
 
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