http://www.poseidon-nickel.com.au/UserDir/Documents/POS_Feb_Value_Set_1.pdf
71c
http://www.poseidon-nickel.com.au/UserDir/Documents/Proactive%20Investors%20POS%20report%2023%20Jan%202013.pdf
$1.11
Both prior to resource upgrades and latest drill results.
Crunch the numbers they have currently 156300 Tonnes Nickel metal @ $14000 US/tonne, about $2.4 billion Aus.
+ Gold. 410,000,000 shares
If compared to how market values some other Nickel plays nowhere near production $1.15 should be current sp. But obviously POS is either priced correctly at a piddly 13c while $2+ on other hand seems logical for other companies. ??? or it's grossly under valued, what do the sums tell you? The market is very twisted.
post-finance re-rating valuations, page-9
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Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $18.91M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $632 | 126.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 65253422 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3002920 | 8 |
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| Last trade - 10.06am 15/11/2024 (20 minute delay) ? |
| POS (ASX) Chart |