if your major chinese shareholder here is SHORTING the NP and thereby trying to reduce the revenue & profits of this company & at the same time losing $12B cash on those shorts, then you have a massive problem here imho.
Tsingshan & BIG SHOT are doing just that here.
We now know theyve been shorting the NP for a decade and keeping the NP low deliberately & now they are astill trying to do that and still losing money doing that.
Where will all that lost money & cheap nickel go to then and how can NIC not be affected by such damaging actions of its own major shareholder?!
Why wont Tsingshan let the NP run to market price fo 25-55 & why do they want to suppress the SP here thereby?!
Any answers?
NIC - General discussion, page-20
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Last
80.5¢ |
Change
0.005(0.63%) |
Mkt cap ! $3.450B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.0¢ | 79.0¢ | $9.165M | 11.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55583 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 6173 | 1 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |