POS 0.00% 0.4¢ poseidon nickel limited

No. Its for the sale of the shares that were not taken up by...

  1. 326 Posts.
    lightbulb Created with Sketch. 54
    No.

    Its for the sale of the shares that were not taken up by existing shareholders in the entitlements issue. The underwriters now have the task to sell the unsold shares. As the sale of the new shares have been underwritten, then the underwriters have an obligation to buy them if they cannot find another buyer.

    Its one of the final steps in a capital raising process of this nature.

    This is pretty normal stuff for a capital raising of this magnitude.
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $14.85M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $10.90K 2.208M

Buyers (Bids)

No. Vol. Price($)
91 67982543 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 16639217 30
View Market Depth
Last trade - 13.42pm 11/07/2024 (20 minute delay) ?
POS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.