Companies like United tractors and there parent company Astra don't want to own 20% of other companies they want control.
NIC will complete ENC project get it to name plate and we will be taken over.
The price they will pay for NIC will be determined by Tsingshan Decent. Who I think will bring the price of nickel down so there new partner gets a bargain. In fact they may both be part of the takeover buying everyone else out.
I am a long term hold but also a bit of a sceptic when it comes to Tsingshan and BIG shot. Stuffed us once and business is business after all !!!
I believe Tsingshan to be big enough to manipulate the price of Nickel and the price of NIC.
I just hope nickel demand does not let them steal NIC.
My bet is that UT makes a takeover of NIC on completion of ENC project
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Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $3.503B | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.0¢ | 77.5¢ | $5.647M | 7.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 196221 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 140925 | 43 |
View Market Depth
| Last trade - 14.07pm 04/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |