Fair comment U23, however I wonder what the same question asked for WSA, PAN and MCR would reveal. I put to you I suspect they would also look quite sick and unloved. WSA closed yesterday at $2.38 not staggeringly higher than their low of $1.84. This, in spite of the fact that nickel has risen substantially this year. What this tells me is that nickel stocks have very little "anticipation" built in to them. (i.e. sentiment is still suffering chronic rigor mortis!) The market not apparently believe there is anything coming for nickel stocks.
Are you suggesting POS will wait 'til the nickel price $5.99 before moving? I personally doubt it : )
My Response., page-149
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Change
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Mkt cap ! $21.01M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 91124854 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4912900 | 2 |
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| POS (ASX) Chart |