POS 33.3% 0.4¢ poseidon nickel limited

someone flashed a 7.5M sell in the closing auction at 11.5 but...

  1. 9,873 Posts.
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    someone flashed a 7.5M sell in the closing auction at 11.5 but only sold 1M
    total daily volume 26.5M
    surely must be BMM continuing their amateur dirt cheap selldown on market to MD.
    With all that staff and advisers they still cant sell at market price!

    Keep taking that cheap candy off those dufus poisonous junk bond debt loving flipping selfish arrogant texan redneck dufus's. They look desperate for cash after burning $15M on white elephant Lanfranchi & $10M on Perth offices/wages & cant get any revenue or offtake from BHP years later.

    we sunburnt colonial locals with massive plants & resources aint so dumb after all are we!

    If you are going to sell a block of 159M shares do it at 24-29c rather than 9.6, 11.0, 7.5, NUTS.
    They are loosing a fortune and dont seem to realise it like AF has.

    Or better still you could easily ramp the SP to that level then offload slowly
    But why offload at all with the ST Ni story under way & production impending.
    If these characters are serious about Ni production they would stay in LT & increase their stakes as POS is the last WA Ni near term producer left without signed offtake.

    Still no Form 603 from MD
    We still dont know the buyer of that 3.7% stake on 10 August.
    Maybe they are under 4.99% still
    but after 1,100M shares traded since 1 July & 367M shares isssued in CR, how can they have less than 39M shares prior to that purchase so they dont disclose on market?

    How can MD have less than 150M shares if they took 111M on 10 August?
    Doesnt make sense.
 
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0.4¢
Change
0.001(33.3%)
Mkt cap ! $14.85M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $9.456K 2.663M

Buyers (Bids)

No. Vol. Price($)
83 50307585 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 7456574 23
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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