NIC - General discussion, page-348

I have sold more than half my holding in the high 90c range and so far happy with that decision. We all know the saying "talk is cheap", so far there's been a lot of it, big jumps in director remuneration while shareholders have been floundering. The cost increases have been concerning to mine and the demand outlook from China has clouds over it. We've got a fair chunk of high yielding debt so we really need to remain profitable not to get in hot water.

On the positive side I think it's good they are positioning for EV supply chain as no doubt that is a growth market. I still hold 20,000 shares, but I've lost the burning confidence I had for NIC a couple of years ago.