In general, the Chinese mentality of investing is long term and it has been inbuild into them from young.
Coming from a history of agriculture, they are well aware of the principle of waiting patiently for the seed they sow to bear fruit. Of course, the present generation may be different.
They would not be taking a big stake in the company for trading purposes as it is near impossible to off load in a hurry.
As far as i am concerned, it is a welcome sight to have them. Without them shoring the present price, who knows what it can become.
NMG is one of the most promising co. I have found so far.
In general, the Chinese mentality of investing is long term and...
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Last
$1.07 |
Change
-0.005(0.47%) |
Mkt cap ! $320.9M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.08 | $1.06 | $161.3K | 151.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5291 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 20000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ACF (ASX) Chart |