POS 25.0% 0.5¢ poseidon nickel limited

Volume, page-1461

  1. 9,773 Posts.
    lightbulb Created with Sketch. 4219
    If zeb what you claim is accurate then HSBC is holding AFAFs shareholding as trustee of 30-33M left and he has NOT been selling down for 12 months, then -
    Who is the capper the last 12 months?
    Why does AFAF bother to hold 30-33M at all which is under 1.0% now?
    Why bother?
    Why hold using HSBC and not CS/UBS or an aussie bank?

    He single handedly destroyed this companies valuation in 2020 2021 by his disgraceful onmarket public selldown and embarrassed PH as new CEO & Padley no end.

    He has by his actions undermined the value & faith of 60,000 LTHs on here or who held here & who believed in him since 2007 in here as the Nickel man. But alas he is nowhere to be seen.

    PH stated he is determined to get this producing & to get fresh new holders rather than the "legacy holders" ie AFAF BMM.
    Yet it is Victor at PAN that has shown him what for
    And the MCR fiasco shows that without a mill and good ore you are stuffed.

    Fortunately POS has good ore, 6 mines, 2 massive mills in very good condition and a dry open pit being drilled for another $7B worth of ore for another 20 year LOM. All priced dirt cheap.

    POS is a takeover target and has been for years now, we saw this in 2018 with BMMs opportunistic cheap bid at 6.0c to which AFAF proceeded to dilute us down to stop their bid.

    Volume spikes will show us MD is back and the accumulation continues at this 3 year low BOTTOM imho.
 
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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
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