POS 20.0% 0.6¢ poseidon nickel limited

Interesting that Hartleys & RBC were large buyers of POS stock...

  1. 10,086 Posts.
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    Interesting that Hartleys & RBC were large buyers of POS stock 6c-8c but not even 1 share sold.
    These 2 are strong LONG
    Also interesting that Pershing has bought some 1M shares on the upside 5c-8c but not 1 share sold either yet, so no ST operation

    But a surprise was CMC with 7M volume buying and only 2.5M selling  from high net worths who appear to be net buyers.
    These 30M of buyers who paid 5.7c-7.7c have not sold at all looks like and are holding LONG.
    Hartleys is another interesting one as they have bought 4M and not sold 1 share
    Hartleys were the lead broker on IGOs bid for SIR at $1.8B in 2015 they also led coverage on SIR at $3 which went to $5 before the final bid of $4.38 ps
    UBS was adviser to IGO

    https://www.theaustralian.com.au/bu...quire-sirius/c0278e082510a7a2a0e4e002a2a02b0c

    So Hartleys RBC Pershing CS are not sellers or short traders at all.
    These brokers involvement in POS trading is very revealing.
    They are all Nickel involved at high levels and had there hands in SIR IGO & AFs affairs.

    But who is RBC acting for in its large net buying and no selling, looks to be a new player from Canada.
 
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