What caused today's pre-market move in POS.AX stock?

Today’s move was driven by heavy volume and short-covering interest. Positive sentiment around nickel demand and project updates at Mt Windarra and Lake Johnston also contributed to the pre-market uptick.

What is Meyka AI's current rating for POS.AX?

Meyka AI rates POS.AX at **61.06/100**, grade **B** with a **HOLD** suggestion. The grade factors in benchmarks, sector and industry data, growth, key metrics, and forecasts.

What price target does the Meyka AI model show for POS.AX stock?

Meyka AI's forecast model projects **A$0.010** in 12 months versus the current **A$0.005**, implying approximately **100.00%** upside. Forecasts are model projections and not guarantees.

Is POS.AX liquid enough for active trading?

Liquidity is episodic. Today's volume of **52,998,125.00** is unusually high versus average volume **3,236,855.00**, so trading may be possible on spikes but can be thin at other times.

AU Stocks

POS.AX Poseidon Nickel ASX +25% pre-market 27 Feb 2026: heavy volume ahead

ByDanny Kontos February 27, 2026February 27, 2026

POS.AX stock opened the ASX pre-market session at A$0.005, up 25.00% from yesterday’s close on 27 Feb 2026. Trading volume surged to 52,998,125.00 shares, well above the average of 3,236,855.00, which marks POS.AX among today’s most active names on the Basic Materials sector. The move follows short-covering and renewed interest in the Mt Windarra and Black Swan nickel assets. We outline why volume matters, the valuation picture, and what the Meyka AI model projects next for Poseidon Nickel Limited (POS.AX) on the ASX