I don’t believe it works that way. My understanding is the entity that owns the mine is a particular type of company incorporated in Indonesia called a PMA, and NIC’s 80% ownership in that company is considered foreign investment, while the Wijoyo family’s 20% ownership is local investment. NIC must divest shares in that PMA company to locals in accordance with the divestiture schedule. Happy to be corrected.
Ann: 2023 Annual Results Presentation, page-58
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Last
93.0¢ |
Change
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Mkt cap ! $3.989B | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 96.5¢ | 91.5¢ | $6.892M | 7.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14798 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 69758 | 3 |
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