POS 0.00% 0.4¢ poseidon nickel limited

NICKEL NEWS, page-937

  1. 9,922 Posts.
    lightbulb Created with Sketch. 4287
    so STROTT has ~1M shares of POS in its Nickel ETF then.
    Yes im sure many of us have more than that as I do.

    But you realise how ETFs work right?
    they start small then build on and some get up to $100B in FUM.
    As Ni gets sought after & yankee ETFs & Oz Banks may use this ETF to increase exposure to Ni so it will become much larger than current no doubt.

    That 1M shares might end up as 500M shares here, who knows.

    Youre not seeing the bigger picture. ETFs are a growth instrument designed to increase in size by fund investiture from multiple sources. And others will follow them.

    This is no exception.
    This is BULLISH for POS.
 
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