1. 73.2k
    Posts

    Poseidon Nickel Limited (the Company) requests an immediate trading halt be granted by the
    Australian Securities Exchange (ASX) for the Company’s securities.
    In accordance with Listing Rule 17.2, the Company provides the following information in relation to
    the request:
    (a) the trading halt is sought to allow the Company time to discuss and then announce a
    potential control transaction;
    (b) the Company requests an immediate trading halt and anticipates that the trading halt should
    remain in place until the earlier of the commencement of trade on 20 August 2018 or the
    making of an announcement regarding the matter; and
    (c) the Company is not aware of any reason why the trading halt should not be granted.
    For and on behalf of the Board of Poseidon Nickel Limited

    courtesy of Bell Direct
    =======================================================================

    ( DYOR )

    i do not hold this share ( but a relative did hold it's namesake )

    a 'friendly' take-over bid perhaps ???

    1 like
  2. 326
    Posts

    more like they want to steal 90% of your shares

  3. 326
    Posts

    I have to stop being so cynical

    1 like
  4. 73.2k
    Posts

    but is this a good deal for shareholders

    some folks would have held these shares for a while

    maybe you cynicism is not misplaced yet ( until the full offer is in print )

  5. 73.2k
    Posts

    Trading Halt Request
    Poseidon Nickel Limited (the Company) requests an immediate trading halt be granted by the
    Australian Securities Exchange (ASX) for the Company’s securities.
    In accordance with Listing Rule 17.2, the Company provides the following information in relation to
    the request:
    (a) the trading halt is sought to allow the Company time to discuss and then announce a
    material fund raising;
    (b) the Company requests an immediate trading halt and anticipates that the trading halt should
    remain in place until the earlier of the commencement of trade on 22 August 2018 or the
    making of an announcement regarding the matter; and
    (c) the Company is not aware of any reason why the trading halt should not be granted.

    courtesy of Bell Direct
    ==================================================================

    ( DYOR )

    i do not hold this share

  6. 21
    Posts

    Anyone not into this company should look seriously at it. Read the announcements. Look at the price. While brokers push it down for their clients to load up. I have a large holding (bought at even lower prices) - and expect it to pay tons. Read the announcements and then look at the nickel price and forecasts.

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