POS 12.5% 0.5¢ poseidon nickel limited

Restart or Take-over?, page-28

  1. 5,008 Posts.
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    The data is in, Red.

    His selling activity was not nearly as much as anticipated. My earlier estimates (here) proved to be out by a fair margin, confirming the caveat attached to the rather meaningless, "shiggles only", analysis wild guess.

    He sold 10.3m last month to finish EOM with 'only' 33.5m - a whisker shy of 1%.
    Unchanged in the rankings at #4, but only by a very slim margin.

    So, he's still gonna be a talking point for the foreseeable future, for those who are so inclined.

    PS. I know you're well-aware of the following dynamic, but I do find it amusing that this particular holder's v.small monthly registry movement gets so much air time -- esp. when measured as a proportion (i.e. ~8%) of the overall monthly volumes traded. (Read: The eventual absence of that seller will not, of itself, translate into an automatic SP rise. 8% of traded volumes can hardly be construed as overwhelming capping (suppressing) firepower being brought to bear. It would be a mistake to ignore all the other SOI that are available to trade.)


 
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Last
0.5¢
Change
0.001(12.5%)
Mkt cap ! $16.71M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $3.993K 859.4K

Buyers (Bids)

No. Vol. Price($)
75 64320256 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 6658037 19
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Last trade - 15.49pm 26/07/2024 (20 minute delay) ?
POS (ASX) Chart
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