POS 12.5% 0.5¢ poseidon nickel limited

The Owner of the CN has the right to choose cash or shares so if...

  1. 2,626 Posts.
    lightbulb Created with Sketch. 3
    The Owner of the CN has the right to choose cash or shares so if they wish they have 108m in the bag.

    I am suggesting that they maybe the funders and the 22m Harbinger shares are an irritation on their books so piss them off at a profit.

    Jeffries had their best 9 months in 50 years so ridding themselves of an old Harbinger debt, Easy!

    Now they know that POS is a go subject to an Offtake agreement so why not fund?

    They were going to fund previously however, a past Chair failed to turn up for a meeting, then resigned!

    AF a great man but like all rich people uses other peoples money to grow wealth, it is just a fact of life.

    Secret message, what Crap!

    I am not saying I am right just looking at this from a businessman's view, shit been retired for 10 years,
    so maybe I am totally wrong.

    So I ask myself why did we buy today as did others I know?

    Cheers,
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(12.5%)
Mkt cap ! $16.71M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $9.658K 2.404M

Buyers (Bids)

No. Vol. Price($)
91 66568554 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 16414217 29
View Market Depth
Last trade - 15.32pm 12/07/2024 (20 minute delay) ?
POS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.