POS 14.3% 0.3¢ poseidon nickel limited

question for geoviz, page-58

  1. tcf
    6,868 Posts.
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    Pete I don't know what "average" is but since 1 December 2007 about 11 million shares in POS have changed hands. Clever brokers are not going to dump stock. If they did that with current lack of support the SP would be around 30 cents if we are lucky.

    A concerted seller is trickling stock on to the market. Just enough to ensure the price holds up(and gives them an acceptable return)but ensuring that any rise is capped.
    Now who has millions of shares to get rid of in a sustainable manner?? I hope they are out very soon.

    This is all speculation of course.
 
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