Most information is not confirmed yet including Tsingshan's decision to keep shorting.
As a long term investor & trader, I think the Chinese government will offer some help to Tsingshan. That's good enough for me to continue holding NIC.
It doesn't matter if they lost 150kt physical stock or 7 billion. Risk/return ratio is good here IMO.
Ann: Ceasing to be a substantial holder, page-55
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Last
84.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.600B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 85.5¢ | 83.0¢ | $4.452M | 5.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 107126 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 304897 | 7 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |