POS 0.00% 0.4¢ poseidon nickel limited

BHP can dust it off as much as they want for as long as they...

  1. 326 Posts.
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    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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