well doesn't this fill everyone with confidence!
Major shareholder departing the company less then three
months from FID.
Have to take this announcement with a grain of salt
Hypothetically
If I had offloaded 38m of shares at a loss
and wanted to recoup some of those loss's
Wouldn't it make sense to short POS?
Put the fear of GOD into shacky holders, hit stop losses and pick up the shares cheaper?
Once said cheaper shares are sitting In my account, then announce to HC the selling has stopped.
Gullible people buy back in, shares price spikes sell off occurs again, shorter wins
All hypothetical of course....
All I know is I won't be racing to drop my $$$ into the company based on this Announcement alone, I would also recommend others to weigh this up before joining the great Poseidon adventure...
well doesn't this fill everyone with confidence! Major...
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $14.63M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.631K | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 106 | 61456397 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 51821428 | 36 |
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| Last trade - 13.15pm 13/09/2024 (20 minute delay) ? |
| POS (ASX) Chart |