His mantra is to not let the facts get in the way of a good fantasy story. As all are aware, there have been hundreds of them since POS bought LJ and BS in late 2014.
In the last quarterly report, it is all clearly stated what the company's financial position was and their intentions on how to make up any cash shortfalls.
Cash $7,065 mill,. (NOT $10 mill)
Estimated Quarters of current funding= 1.6 quarters.
As I mentioned in October 2023, I expected a CR sometime in Q1 calender year 2024. Perhaps an asset sale may temporarily delay that eventual outcome.
POS clearly stated that cash would be derived from......
" The Company is prepared to undertake a capital raising and/or an asset sale asand when required."
Seems fairly clear to me. Perhaps tycoons have other reading skills I'm unaware of.
- Forums
- ASX - By Stock
- POS
- Nickel Boner Update
Nickel Boner Update, page-5584
-
-
- There are more pages in this discussion • 449 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $12.54M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $4.565K | 1.297M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
111 | 89296834 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 51186566 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
111 | 89296834 | 0.003 |
34 | 45393124 | 0.002 |
16 | 40412753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 51186566 | 43 |
0.005 | 39532312 | 25 |
0.006 | 8789000 | 11 |
0.007 | 8892776 | 10 |
0.008 | 1800000 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
POS (ASX) Chart |