The price was around 25 cents after a run up to 27 on the announcement today.... it sold down in the last couple hours to 23 cents and reluctantly 22 in the last few minutes of trade, then to 20 cents in the closing auction. All of that was people wanting out during the suspension period... It would have closed 25 cents + and probably would have gone over 30 cents if not the last day of trading...
Forget 20 cents, that is a fictional price for the close today... POKO is probably in the money as I would be very surprised if it relisted at 20 cents or below.. It might happen, but I doubt it..
Can you imagine those Buddy techs having lunch with their mates from Microsoft and Google etc and one of the senior techs at Google asks the Buddy guy how the relist went on the ASX and he says the price crashed to 10 cents because XYZ institution dumped on open... LOL It would be the last time XYZ institution would get any more shares in any new silicon valley venture...
