Ann: Change in substantial holding, page-7

Great cautionary analysis Samboy but think about what you just said

.. 'selling as Ni price rises is puzzling'

this is precisely when a whale like Wellington will start selling into retail accumulation against a back drop of increasing Ni spot

that is why they are Wellington and we are mug punters

Kudos to you for alerting the herd but to go to the next level one has to 'act' like Wellington as well and that means selling

Ni has risen yes but net margins are going backwards if the AUS $ keeps running

GLTAH