NIC 0.54% 92.0¢ nickel industries limited

Ann: Notice of Extraordinary General Meeting, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. klu
    742 Posts.
    lightbulb Created with Sketch. 104
    I tend to vote NO, at least need to delay for 6 months or so. It's too complicated. A good auditor is needed to check how the fees come up. What is the real construction fee and the makeup (profits) for the construction, and any goodwill etc? $1.26B for 55% of an un-constructed plant sounds too expensive, esp. with cheap labors in China and Indonesian. We may end up paying the whole construction fees but get only 55% of the project.

    Just my guts feeling. Someone asked a good question above, 'if so good, why doesn't Tsingshan do it itself?'

    Need more details about the $1.26B and 55%. Hope it wasn't coming from only the wishful future profits.
    Last edited by klu: 10/11/23
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
(20min delay)
Last
92.0¢
Change
-0.005(0.54%)
Mkt cap ! $3.925B
Open High Low Value Volume
91.5¢ 92.5¢ 90.0¢ $2.414M 2.636M

Buyers (Bids)

No. Vol. Price($)
40 154250 91.5¢
 

Sellers (Offers)

Price($) Vol. No.
92.0¢ 53807 22
View Market Depth
Last trade - 14.57pm 01/10/2024 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.