Would the sell down from 12.17% to 10% be a ploy to keep a lid on the SP?
Looking at the 10 year chart, is POS getting the recognition that equates with the recent support in the Nickel price?:
How much higher can Nickel go? There appears to be differing opinions as to how the future supply:demand will pan out? It will be interesting to see if it becomes balanced or not - certainly the battery storage needs will have a sizeable impact in increasing annual demand.
NICKEL NEWS, page-206
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.28M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $8.669K | 1.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 35166803 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 25863367 | 21 |
View Market Depth
| Last trade - 12.35pm 14/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.000 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 290750 | ||
| Last updated 11.54am 14/05/2024 ? | |||||
| POS (ASX) Chart |