So Mr Smart One Collyn what do you think Poseidon's market cap will be after funding?
Seeing it's currently around 40 million and other nickel miners(whom are actually in production) have market caps up to approx 100 million with some less than Poseidon's current market value, I doubt that Poseidon's market cap will jump up significantly. Basically at twenty cents per share means Poseidon will have a market cap more than some current producers??
In my opinion the market wouldn't be treating funding for this company as the holy grail for a share price re-rating.
So can you enlighten investors to why Poseidon's market cap will increase substantially once finance is approved and to why there should be so many (smart) investors buying their shares in anticipation of this deal?
So Mr Smart One Collyn what do you think Poseidon's market cap...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add POS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.85M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $44.42K | 10.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 35438671 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11634354 | 27 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| POS (ASX) Chart |