POS 0.00% 0.3¢ poseidon nickel limited

look at the volume yesterday a sweep of 1.95 & 2.0 over 13M...

  1. 9,941 Posts.
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    look at the volume
    yesterday a sweep of 1.95 & 2.0
    over 13M volume

    today barely any, asx volume barely at 1M ie $20k after half a day and ChiX even less at 700k

    That WALL at 1.9 still standing after 1 week and the 2.0 flippers not dropping as no profit margin at all
    Buy at 1.9 try to sell at 1.95c, LOL
    what a waste of a life there making effective capital losses after CGT GST Provn tax brokerage and IT costs

    BUY at 1.9 sell at 6.0 -11.0, way better

    CJ should focus on NP, the 2.2mtpa BFS, keeping BS ready to turn on, pursuing the FED grant for $120M for the restart & POX/HPAL plant, and cutting costs till the NP is again at 10-11 imho.

    The FEDS just granted $1B to adelaide for a Hydrogen gas furphy
    That FED grant of $120M to PBT/POS for the pCam refinery wasnt progressed or even spent much (not even $1M i think) mainly as POS refused to sign any offtake or supply the essential Ni ore to PBT as PBT stoopidly & selfishly refused to give up its ownership, grant money or royalties to POS.

    Expect news from CJ before the AGM to give confidence to our 3B SOI holders who have moved to sweep the dead wood and are sitting way in the red at 3.3 & 11.0 VWAPs and looking for a way to ramp this back to market price.

    Volume tells us the capitulation is over & the AGM runup period is in play as usual.
 
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Mkt cap ! $12.54M
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0.3¢ 0.4¢ 0.3¢ $2.616K 870.6K

Buyers (Bids)

No. Vol. Price($)
108 64156814 0.3¢
 

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Price($) Vol. No.
0.4¢ 43849065 25
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Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
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