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
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $25.99M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $5.888K | 861.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 21515991 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 20888575 | 50 |
View Market Depth
| Last trade - 11.33am 30/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
-0.001 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.6¢ | 1031896 | ||
| Last updated 11.16am 30/05/2024 ? | |||||
| POS (ASX) Chart |