Before anyone else jumped on, I posted that it is all about NIP period.
Then I mentioned Chinese short selling (RedPapa calls it hedge funds)
keeping a lid on and pressuring NIP, they have plenty of financial
resources to do it. Ramping up production is only one tool to keep
prices from rising, paper manipulation is another.
Over the weekend I asked Ichi to post his Book Value, a stock we
know he is very bullish on. He did not reply. Actually I wanted to trap
him on his 8 cent book on POS, if he thinks BV of MNS is lower
than stock price than why is he so bullish. Vice versa if it is higher
than share price, then why is it any different for POS.
I will leave you with a positive thought: Antonsw posted somewhere
else that 2015/2016 are the years of nickel for him. I trust his judgment.
He was already positive on NIP recovering soon as he returned from
London. My take on this is that he may have gotten info there that
the hedgies will make money in short term on tthe downside, but
then things will surely turn. Fundamentals will out and he knows.
It won't be in a day or week probably, get used to it.
Georgie: there's a dairy farm in USA New England named:
MILK THE UDDER ONE. It's been there for decades.
Heads up everyone, like JC says It's all good.
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Before anyone else jumped on, I posted that it is all about NIP...
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $21.01M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $4.293K | 998.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
70 | 65426705 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3676277 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
69 | 65296705 | 0.004 |
63 | 42251923 | 0.003 |
16 | 39727935 | 0.002 |
13 | 33678647 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3676277 | 13 |
0.006 | 34531391 | 35 |
0.007 | 4252781 | 17 |
0.008 | 2455134 | 4 |
0.009 | 98928 | 2 |
Last trade - 13.58pm 18/11/2024 (20 minute delay) ? |
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POS (ASX) Chart |