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06/11/15
20:07
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Shorns - the POKO Option is very interesting……
Looks like having a Comfort Blanket to me…..
There have been 36+ million POKO’s sold since 26th October…. Just like your own sales’’’
Those 36+ million have also been Bought - since the 26th October…….
By A N Other punter who sees value in holding POKO’s !!.....
It has been difficult to trade large volumes of POKOs’ at any target price that you might have chosen….
So Trading POKOs’ has not been an easy strategy.
Very risky/impossible - especially if you’ve been trying to use a Limit Order from the UK !!.......
My POKOs’ were acquired FOC – gifted on a 1:2 basis - and I can Exercise them FOC.
anytime as long as it's before 5.00 WST on 30 November 2015 !!....
My POKOs’ have had very little cash value to sell - especially after deducting the brokerage……
So I am holding on to them – Like a Comfort Blanket….
Because I know that even if I can only expect to get a NIL allocation from the SSP –
I can still increase my Buddy holding by Xthousands before 30 November….
So I can contribute to the Buddy coffers with a certain sort of Largesse!!!..... [or stupidity ??.....]
How many of those 36.2 Million POKOs’ will be Exercised to achieve a $ 7,240,000 Cash Raising??…..
There are only 48 Million POKO’s in the Entire Universe !!!!....
To have 3/4 of all POKOs' Exercised will be a good result for Buddy to add even more funds to the Public CR an SSP CR....
GLTAHs’ of POKOs and GLTAH of POKs’
It’s going to be an interesting 12 months ahead !!!.... Oilf.
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