Surely at the moment while we are in an accumulating mode to buy on dips, the nickle price is what the share price reacts to?
Also when good news comes from the drilling then the price of the share will react.
The only concern i have is the large amount of shares on issue howevrr, i have seen shares in other companies pop on massive volumes with good news!
At least POS has the infrastructure, the minerals to start the mining. There is some companies such as LTR lithium that has the minerals in the ground but no potential to mine for years and look at the price it has popped. Go figure.
Anyway, POS has a very bright future as an investment share for the future growth of EVs. This is a fact.
Five year chart with projection UP!!, page-64
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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 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| POS (ASX) Chart |