POS 12.5% 0.4¢ poseidon nickel limited

I think that no one expected the price to drop so much, or the...

  1. 2,297 Posts.
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    I think that no one expected the price to drop so much, or the Ni price to remain at the current low levels for so long. We have been long term holders of pos, and bought in with a long term view in mind. The reasons we bought in are still sound, and as demand increases with new tech and steel production slowly improving, expect Pos to not only get us into the black, but make us healthy profit as well. My average price is not where I would like, but I have been topping up as cash has become available to me, and have buy orders in currently. The dilution has been disappointing, and I have reviewed my exit price accordingly. We hold multiple millions of shares currently. A paper loss only becomes real when you sell. With the right conditions, the SP can shoot back up within weeks.
 
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Last
0.4¢
Change
-0.001(12.5%)
Mkt cap ! $14.85M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $19.71K 5.347M

Buyers (Bids)

No. Vol. Price($)
69 45437907 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 3858398 15
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Last trade - 13.58pm 15/08/2024 (20 minute delay) ?
POS (ASX) Chart
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