POS 25.0% 0.5¢ poseidon nickel limited

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    I suspect he sold POS to fund buying WSA as per today's AFR article:

    Forrest fuels another nickel bidding war

    Peter KerResources reporter
    Jan 26, 2022 – 11.52am


    Billionaire Andrew Forrest has raised his stake in takeover target Western Areas in a move that confirms suspicions he will try to complicate IGO Group’s friendly takeover of the nickel miner.
    Dr Forrest’s private company Wyloo Metals spent $31.4 million buying Western Areas shares on Friday and Monday at an average price of just under $3.43 per share.
    That valuation is above the IGO offer price of $3.36 per share, which the Western Areas board supported shortly before Christmas.

    Fortescue Metals Group chairman Andrew Forrest in London last year. Domenico Pugliese
    The buying binge raised Wyloo’s stake from 6.29 per cent to 9.14 per cent.
    Western Areas shareholders will vote on IGO’s offer proposal at a meeting in April and IGO requires 75 per cent of shares to be cast in favour at that meeting for the offer to succeed.
 
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Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $18.56M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $9.661K 2.404M

Buyers (Bids)

No. Vol. Price($)
90 66568063 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 16479836 30
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