POS 25.0% 0.5¢ poseidon nickel limited

Very good chart, page-40

  1. 9,773 Posts.
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    Offerees have cleared off 11.0
    only 30k left
    was 3M

    11M bidders onscreen st 10.5
    the volume match is at 12.5

    these cappers have removed the cap after friday close & look like tgey expect a rebound mon tues as settlement shares paid & issued.
    also why would you buy 200M shares at 11.0 if you can get 50M of them on market at 11.0?
    so no point.
    a great reason NOT to take shares being given to the others.

    insider INSTO wants to block others & SPP dads from a reason to buy shares.
    they want it all for themselves.

    soon the retrace move to 12.5c- 16.0 imho
    once they have their shares in pocket to justify the purchase on book.
    over 400M buyers at 11-16 last few weeks, only small amount holding short, means these LONG buyers want to see higher SP.

    chart showing massive volume support & higher low at 11.0 & higher high at 14.0.
    expect some INSTOs like Morgans Citi to trade sell these at 13-16 again. Hope PH didnt issue many shares to them & their trades are done last week at 11-14.

    not much point buying at 11.0 & selling at 11.0, NUTS.
 
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Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $18.56M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $9.661K 2.404M

Buyers (Bids)

No. Vol. Price($)
90 66568063 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 16479836 30
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
POS (ASX) Chart
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