Big Fan of this stock 6 months ago... sad to see it turn out this way..
Bought this share when it was 16 and sold out after it Yoyo around 10 -11.. I agree that this share is a DUD for the forseable future... Nickle price does not look good in future and the demand from oversea drop significantly and the AUD drop does not help too...
Sad to say if I am management, I would be fool not to consider option 3. (shut the mine down until nickle price pick up and find other low cost mining methods) and hopefully the demand for nickle with pick up gain end of next year.
Mind you.. if they really going to shut the mine down... it will probably for at least a year...
SIGH!!!!!
what a dud, page-6
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $31.21K | 3.913M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 27233748 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3558654 | 11 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |