POW28 Aug 2021 12:40
My opinion is, for what it's worth. Like legal said, Paul has not sold a single share. Now people complain about cheap warrants/shares being added and I get that. It's a pain in the back side when institutions sell original shares at a profit Then use that profit to buy the warrants/placing shares at a discount and again dump them for more profit. Which is very frustrating to all. However when you consider POW bod exercises there right to buy said warrants. They are not dumping those warrants like you see on many other companies. Same could be said with KAV bod. So when some pi,s complain about more shares added by the bod. At least (for the time being) they are not being dumped onto the open market. So got no problem with that.
Another thing with warrants is if they are not taken up. Then they get scrubbed.
With the spinoffs that are in the pipeline, I think Paul said could be up to a dozen. I can see that it makes sense imo.
Now bare with me on this . Let's say Paul wanted to fully fund 10 of these projects and keep them in POW. Just for arguments sake and going on round figures. Each project needs £5 million to get that project up and running. That's £50 million on top of current mc. Current mc £23 million plus the £50 million needed =£73 million. But he would then need to issue billions more shares to raise that money plus warrants so even more shares to make institutions worth their investment. So would you be happy for POW to keep doing placements every few months or so to fund each project with millions/billions more shares added. I think most would say, sod this. By letting each project spinoff and organize their own funding makes sense. Like I said a few days ago. If one ends up not what they think/expect is there. Yes it would have a big effect on that particular spinoff. Probably have some effect on POW share price, but not so much if was kept in POW. It's a bit like your own portfolio in a way. Never put all your eggs in one basket. You know how that can work. I am rich, or oh ****. I like to think POW have covered many basses. PM,s, gold/silver and base metals for the ev and battery sector etc etc. As have I in my pf. As for POW share holders taking part in ANY of the spinoffs. I would hope Paul would find a way to reward ALL current holders especially us smaller ones in some way. Like I said a few days ago. It would be nice for current holders to buy shares in any spinoff at a discount of at least 10%. Say it's a pound a share but POW holders can buy at 90p for instance. That would probably need some organizing with brokers to confirm you are holding POW stock. With some of the projects I would hope to see some large discovers like Paul is confident on doing so. That would i think/hope boost POW share price. We win, also should be a handsome dividend if sold off. We win. If invested in spinoff aswell as POW. Double bubble. Not every project will be a huge success, be nice if it did. So if thinking of buy
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