PO3 0.00% 22.0¢ purifloh limited

Yesterday we still closed second highest ever. We had a intra...

  1. vmp
    4,860 Posts.
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    Yesterday we still closed second highest ever. We had a intra day new high and smashed one of the southern walls at $5.22. There is just one wall remaining at $5.55 . It only takes one serious believer of modest means to smash that. Vwap was 4.99. You cannot take away the fact that this is going tighter rather than looser. We have a healthy cash with no CR needed for a year except to fund a major project, an FRG manufacturing plant, that only improves the value proposition and the SP and even if we needed it, the involvement of Bill Parfet means it’s a lot easier to obtain funding, not to mention we’ll be partnering with a Multinational OEM such as Honeywell, whirlpool, and Samsung with billions of annual sales. These multinationals are always looking for a new superior product to sustain their annual billion dollar revenues. Failing to do so would only hurt them so it is in their best interest to play nice with PO3 because the water treatment for pools is only one of the products we’re rolling out soon and in the next two years. There will be plenty more as highlighted in the investor presentation. Just have a look at the investor presentation about the products in the pipeline. All it takes is 2 years to make this company a force to reckon with in the Cleantech sector.

    The Canadians, yanks, poms and crazy rich asians will be scooping all loose shares left. I’d imagine the Indians some one billion of them will hear about the test results in Hyderabad soon. If a dozen of them decide to invest what do you think will happen especially if one of mohanty’s old mates or family friends wants to buy a stake?
    Last edited by vmp: 10/01/19
 
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