POS 0.00% 0.7¢ poseidon nickel limited

Ann: 2018 Notice of Annual General Meeting, page-107

  1. 2,060 Posts.
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    low volume yet again
    same volume 150k on the onscreen offerees, this time 3 in number, same volume
    price manipulation A class.
    capper is still using low volume 150k offers to keep the lid on and the bids onscreen are building low as they can see not much selling going on down here.

    Why sell at 4.6c if 1.5B shares were issued at 5.0c?
    Why bother selling $6 or $20 of stock?! Unless you are capping it.
    prawns are getting wiser.

    Still no word on who took up that 60M from CS. So doesnt look like Forrest.

    BMM must be sizing up another hostile bid the longer the SP stays below 6.0c.
    An AGM ramp, why not, hey we will take any ramp at this stage.
    We are down 8% on the rights price of 5.0c, with $70M cash at bank, amazing.

    I still think POS is worth more than PAN but less than WSA. Once producing at both processing plants at U$7lb it should be more than WSA but less than IGO/SIR. IMHO.
 
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