Why did POS.AX stock jump pre-market today?

POS.AX stock jumped on heavy volume—52,998,125 shares pre-market—suggesting speculative buying or a catalyst such as corporate news or short-covering. Low float and high relative volume of 16.37 often amplify moves in ASX micro-cap names.

What are the key valuation metrics for POS.AX on the ASX?

Poseidon Nickel shows EPS **-0.01**, PE **-0.50**, price-to-book **0.92**, current ratio **1.24**, and market cap **A$21,255,200**. These figures indicate asset backing but negative earnings and limited free cash flow.

What price targets and forecast exist for POS.AX stock?

Meyka AI models a short-term target of **A$0.007** and a 12-month projection of **A$0.010**. That implies short-term upside **40.00%** and 12-month upside **100.00%** from **A$0.005**. Forecasts are model-based and not guarantees.

How should investors approach POS.AX trading today?

Treat POS.AX as high-risk, high-volatility. Use strict position sizing and protective stops. Watch ASX liquidity and company updates. Active traders can use volume and resistance at **A$0.008** as trade reference points.

AU Stocks

POS.AX (Poseidon Nickel ASX) up 25% pre-market 10 Jan 2026: volume surge

ByDanny Kontos January 9, 2026January 9, 2026

POS.AX stock jumped 25.00% in pre-market trading on 10 Jan 2026 to A$0.005. The move came on 52,998,125 shares traded, over 16.37x average volume, signalling outsized market attention before the ASX open. We look at the trade drivers, technicals, fundamentals and what the activity means for short-term traders and longer-term investors. Meyka AI, the AI-powered market analysis platform, flags high volatility and provides a model projection to frame risk and reward.