NIC nickel industries limited

Ann: Becoming a substantial holder from MQG, page-6

  1. 5,311 Posts.
    lightbulb Created with Sketch. 2438
    It's just an opinion from that 1-post member, imo.
    Hard to imagine MCQ turning around and placing (on-selling) all (any of?) the shares since that block trade at pricing greater than the market is currently paying. That is, unless the on-sale buyer is LT contrarian money that's happy to pay overs (69c) in the belief that the current SP is only a ST blip or until MCQ can massage the SP back above 69c.
    Whatever the case, any subsequent placing >43m shares by MCQ (i.e. 1% of SOI) in the near-term will trigger disclosures from them, but not necessarily from the buyer, unless that buyer crosses the 5% (~215m) substantial holder threshold.
 
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(20min delay)
Last
72.0¢
Change
-0.005(0.69%)
Mkt cap ! $3.125B
Open High Low Value Volume
73.0¢ 73.0¢ 70.0¢ $3.223M 4.482M

Buyers (Bids)

No. Vol. Price($)
1 3615 71.5¢
 

Sellers (Offers)

Price($) Vol. No.
72.5¢ 30000 1
View Market Depth
Last trade - 16.17pm 08/07/2025 (20 minute delay) ?
NIC (ASX) Chart
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