The dilemma remains: get more POK now at 15.5c or wait for the...

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stuey273

7 Posts.

25/10/15

22:13

Post #: 16249930
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Originally posted by songokou ↑

I've heard talk about PRO-RATA being used and only very small allocations are likely the case.
Just throwing speculation into the air.....

Hypothetical Scenario only:

Now there is the 10MILL Public Offer.
The 2.5 MILL is the SPP offered only to EXISTING Shareholders. What if, just what if, the terms are something like 1 new share at 10c offered for each share held, up to a certain amount, say $5000, then any additional will be PRO-RATA. Then at least you are guaranteed $5K, then the more heads you own, the more shares you can get allocated. I just think that there has to be some advantage to existing Shareholders in the SPP over the public offer. (*sigh* hope*).

Well, we won't know for sure. Have to wait for the prospectus for the terms.
We do know for sure, at least, if you own shares, you get to participate further in a SPP on top of a public offer. And if the terms for the SPP include some initial minimum quota, then you are looking good to get even more shares. We do know for sure (IMHO ) that the SP will be way over 15.5c in a short 1 months time after relist. And if the prospectus terms, come early next week, do include a reasonable minimum allocation for POK holders, I do see the SP will shoot higher from here. Unless large holders force this SP down, ... but still I do see retail holders possibly taking it all up and still pushing this higher! We want to be in the BUD story!! And even if that doesn't eventuate, owning POK at 15.5c will give you an extra BUD. If BUD opens at 20c on Dec 4th... let alone on its way to 35-40c within its surge..... enough said.

BUD is still the best story since 1PG. Better. Time is ticking.

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The dilemma remains: get more POK now at 15.5c or wait for the prospectus but risk not being allocated anything and then face a higher SP...

POK Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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The dilemma remains: get more POK now at 15.5c or wait for the...

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Recce scores $6.75M R&D rebate

Auric sniffs gold up to 12.1g/t through drilling at Spargoville prospects

Cyclone signs MOU with Vale for development of Iron Bear play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch