If the shares Shanghai Wanlu hold were gained when they invested $24million in NIC prior to the IPO, then the 97 million shares they still hold after this sale represent a handsome return on that initial investment.
We don't know who purchased the shares in the recent sale, it may be a strategic move with allies.
A Christmas deal for some or all of Shanghai Wanlu's 200 employees??? That's a wild uninformed guess by someone with no experience in these matters.
If the shares Shanghai Wanlu hold were gained when they invested...
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Last
80.0¢ |
Change
-0.015(1.84%) |
Mkt cap ! $3.428B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 80.0¢ | $3.540M | 4.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 159930 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 104000 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NIC (ASX) Chart |