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Asic is seeking an order that would require Poseidon to gain shareholder approval.

Asic challenges Forrest's Poseidon deal

The corporate regulator has objected to an underwriting deal under which Andrew Forrest’s Squadron Resources could end up with as much as 61 per cent of Poseidon Nickel.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/08/19

1 year TSR5 year TSR
33rdBPH Energy167%-23%
509thPoseidon Nickel-24%-27%
530thSipa Resources-28%-33%
626thNex Metals Exploration-41%8%
736 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/10/18
$0 Sold
20/09/18
$16k Bought
20/09/18
$266k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

161st↑BPH Energy$382k
162nd↓Big River Gold$367k
163rd↓Poseidon Nickel$366k
164th↑Sipa Resources$365k
165th↓Nex Metals Exploration$349k
487 listed resources companies ranked by revenue.
Source: Morningstar

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