One thing29 Mar 2022 22:05
Strategic investors, beit an II or company don't buy, sell and trade like a PI. Totally different mindset. If an II or suitor reckons POGs worth 20p, 25p whatever, it'll be a content buyer all the way up. Similarly IIs don't care about missing the first 400% rise of a junior exploration stock - if the junior makes a good discovery and IIs see value, in they'll come. Your average PI buys and sells at any price, likely to shed shares on every lerch forward or back. For POG, there's sophisticated buyers present that aren't excited by 3p going to 4p, 4p going to 5p etc. It's just a value thing hence I am confident there's a climb ahead of us, which could be helped markedly by a positive RNS, should it be positive.