They bought in at 11c when the Au dollar was about par or...

They bought in at 11c when the Au dollar was about par or higher. Anything they sell/sold above about 16c is at a profit.

However, I have a lot to thank the Chinese for. Although I have held TNG (in a small way) since several years before the Chinese came in, it was when they bought in at 11c that I decided TNG really was the goods, since they would not have come in otherwise. Whatever their motives and actions they are not fools. Things may subsequently not have worked out to their liking but they undoubtedly believe it is a genuine prospect.