So the predicted fire sale has happened and the lights will stay on... but now what? The board will get paid, C&M costs will tick over for a few years, but as a shareholder do you sit and wait for Nickel to recover? Hope they pivot to another commodity and score an exploration miracle? If you are a true believer 0.7c looks crazy cheap... otherwise POS is now the epitome of a penny dreadful, which would explain why the SP is sitting at an all time low despite this 'positive' news.
So the predicted fire sale has happened and the lights will stay...
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Last
0.7¢ |
Change
0.001(7.69%) |
Mkt cap ! $25.99M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $26.12K | 4.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 56538951 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 24725096 | 52 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.7¢ |
Change
0.001 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.7¢ | 0.6¢ | 1601919 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| POS (ASX) Chart |