BHP can dust it off as much as they want for as long as they want but I doubt that they will get hold of the keys at POS.
It is clear that AF is interested in developing nickel assets and I am sure that his plan, whatever it is, does not include selling off his stake in POS. His blocking stake, which could be easily and quickly increased, is a key to any takeover activity.
However, a ruthless and cheeky, yet serious, bid for POS from BHP imo would be a good thing as it would:
- Get the SP up to reasonable levels about of the repetitive rut that it is tracking through,
- Clear a lot of the cr@p activity from manipulators out of the POS SP pipes,
- Give the BOD the wake up call that it needs to extract the digit the get a move on, and
- Put BMM into a position where they need to consider their longer term plans and come out of the grass here i.e. put up or shut up.
My thoughts only on a number of possible scenarios here. DYOR.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.14M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $5.459K | 1.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 33963252 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3205511 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
53 | 33963252 | 0.003 |
25 | 40000393 | 0.002 |
7 | 59032753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3205511 | 6 |
0.005 | 8129614 | 13 |
0.006 | 5689028 | 10 |
0.007 | 18684360 | 8 |
0.008 | 5500000 | 2 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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