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$1.04 nickel industries limited

how is this legal and whom did he sell them toyou can't sell a...

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busybee

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29/12/21

22:12

Post #: 58557360
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Originally posted by Tera: ↑

He's referring to Xu Yuanyuang's sale, at about 50% discount to the market, of a relatively small fraction of the NIC shares her company held.
Here was my guess at the time:

If the shares Shanghai Wanlu hold were gained when they invested $24million in NIC prior to the IPO, then the 97 million shares they still hold after this sale represent a handsome return on that initial investment.
We don't know who purchased the shares in the recent sale, it may be a strategic move with allies.A Christmas deal for some or all of Shanghai Wanlu's 200 employees???

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how is this legal and whom did he sell them to
you can't sell a house for half a price

NIC Price at posting: $1.45 Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last $1.04		Change -0.025(2.35%)		Mkt cap ! $4.457B

Open	High	Low	Value	Volume
$1.07	$1.08	$1.04	$10.45M	9.907M

Buyers (Bids)

No.	Vol.	Price($)
1	30000	$1.04

Sellers (Offers)

Price($)	Vol.	No.
$1.05	100668	3

View Market Depth

No.	Vol.	Price($)
1	30000	1.040
3	41057	1.035
8	128392	1.030
4	80685	1.025
8	191427	1.020

Price($)	Vol.	No.
1.045	43464	1
1.050	181763	5
1.055	30034	2
1.060	65034	2
1.065	119074	6

Last trade - 16.10pm 22/05/2024 (20 minute delay)


Last $1.04			Change -0.025 ( 1.39 %)
Open	High		Low	Volume
$1.07	$1.08		$1.04	3101875
Last updated 15.59pm 22/05/2024 ?

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