There's always something to worry about.
But the reality is the Indonesian government is presently helping NIC with significant tax concessions (e.g. 10 years tax-free Angel Nickel project).
There could be riots, there might also not be. NIC could keep growing and turning profits even if there are riots.
There could be nationalisation, or there could be nothing, or the Indonesian government could decide to go down a Win-Win path. (yes I know nationalisation would be catastrophic but what are the odds? 2%, 10%, 15%?)
The problem I have is that your thesis is built on a whole lot of maybes when the reality is that things are looking good at the moment from a political, tax, earnings and growth standpoint. Not to say they aren't valid points, but I just don't think they weigh down the positives enough.
When will we see some 2's..........., page-34
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NIC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
90.0¢ |
Change
-0.030(3.23%) |
Mkt cap ! $3.860B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.0¢ | 90.0¢ | $3.256M | 3.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 117582 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 151716 | 5 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NIC (ASX) Chart |