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Poseidon stakeholder sells $7m of shares

Hedge fund manager RAB Special Situations has reduced its stake in Poseidon Nickel by over 6 per cent after selling some $7 million worth of shares.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/18

1 year TSR5 year TSR
441stGrand Gulf Energy0%0%
453rdMatsa Resources-0%-14%
478thPoseidon Nickel-4%-29%
520thStrike Energy-11%-9%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/01/18
$16k Issued
03/01/18
$19k Issued
03/01/18
$16k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

61st↑Poseidon Nickel$9.0m
74th↑Zeta Petroleum$4.1m
75th↓Strike Energy$3.7m
78th↓Matsa Resources$3.1m
79th↓Grand Gulf Energy$3.1m
508 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Poseidon Nickel

38thDavid Singleton$648k
144thMichael Rodriguez$644k
196thNeil Hutchison$447k
Ranked by total remuneration from all listed WA companies

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