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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 31/08/18

1 year TSR5 year TSR
80thPoseidon Nickel118%-16%
112thIntermin Resources81%27%
495thVimy Resources-10%15%
813thEon NRG-72%-48%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/09/18
$0 Other
04/09/18
$0 Bought
24/08/18
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

64th↑Intermin Resources$10.1m
65th↑Eon NRG$9.2m
66th↑Poseidon Nickel$9.0m
67th↓ATC Alloys$8.8m
68th↓Vimy Resources$7.5m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Poseidon Nickel

31stDavid Singleton$648k
124thMichael Rodriguez$644k
173rdNeil Hutchison$447k
Ranked by total remuneration from all listed WA companies

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