Wow this is a gigantic Nickel power plant. The whole of IMIP , IWIP is a Marvel no one can compete. Its just basically ASX share Holders that is down valuing NIC through the lowering of share price. I bet Tsingshan is even happier with it, It can eventually buy NIC if the market cap goes even lower. Once ENC is commissioned NIC is a formidable entity. The SP, Market Cap now don't even matter, The whole of NIC is a modern Factory in its class. Unfortunately, ASX holders like dumping shares at a slightest global down turn. Opposite of American Markets where they super value their stocks even when its not making money. Imagine the value of the Magnificent 7 below. Unbelievable. If only asx investors are not chicken sheets and the government helping Junior Company's that are in trouble like China subsidising their EV companys, we wouldn't have lost those junior Nickel miners and preserved Jobs. The combined market cap of the seven at around $12.3 trillion . Together, the Magnificent Seven has nearly the same market capitalization of the stock markets in the UK, Canada and Japan combined.
NIC Price at posting:
51.5¢ Sentiment: None Disclosure: Not Held
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