Would be ironic if that well-aimed kick in the rubs marked the lows for NIC.
Has my analysis aged badly? Nickel price basically the same as when I posted it (and LME stockpiles materially lower), but SP is 15% or so lower. (having paid out a dividend) Game over? I don't think so.
A position can move against you, doesn't mean you're wrong. I bought BTC for the first time at A$25k in December 2017. Fell by 80% afterwards, what a clown! Only now BTC is A$75k. If you believe in your investment thesis, falls are buying opportunities.
I still believe in NIC. Yes, this year has sucked. But I'll take my 4c dividends and additional shares and look forward to Angel production from 2022 onwards.
Valuation, page-93
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Last
93.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.989B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 95.5¢ | 92.0¢ | $2.474M | 2.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 33703 | 4 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NIC (ASX) Chart |