Ah yes, Justin Werner. He has guided NIC into a cosy relationship with Tsingshan, now its largest shareholder with Board representation.
It's a wonderful relationship, which Werner has described as unarguably value accretive, and since 2015 they have managed to become a member of the world's top 10 nickel producers ...
... whilst carefully avoiding allowing any of the excess profits to fall into grubby retail shareholders' hands.
Anyone who bought NIC (not I) 12 months ago has experienced a drop of 47½%. How's that for value-adding?
Oh, if you buy in in the next fortnight you will qualify for the 2c dividend.
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1 | 19909 | 5.430 |
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Price($) | Vol. | No. |
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