POS 16.7% 0.4¢ poseidon nickel limited

(For you, G. Reply feature broken again.)"...do you ever look at...

  1. 5,050 Posts.
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    (For you, G. Reply feature broken again.)

    "...do you ever look at the share price and think:- ‘for f-sake!’".


    Not really. When you've got one cornerstone looking to halve their position and the other cornerstone looking to go sub-5% it doesn't take a rocket scientist to work out just how many shares need to change hands before that gets fully resolved -- and that's without considering whether they've got more to go or whether any on the recent 140m block trade went to a laundering entity (I think it did). I've made peace with that. If I was unable to so, then I'd sell and move on. No point howling at the moon.

    The market is waiting for the DFS and restart funding package and FID, imo.

    PS. When you think about it, there's a argument to be made that the fact the SP has not drifted much lower as result of the above dynamics is a subtle sign of underlying strength.

    Last edited by zebster: 19/02/22
 
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