Predicting commodity prices isn't easy, that's why I don't really pay attention to it, as every resource company faces this risk.
I look at other factors like growth plans and execution.
The party who paid a fair chunk of $ at a premium would know the nickel market a lot better than us bottom feeders.
DYOR. Not investment advice.
Outperform - Macquarie, page-15
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80.5¢ |
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Mkt cap ! $3.450B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.0¢ | 79.5¢ | $2.881M | 3.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19275 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 20701 | 3 |
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| NIC (ASX) Chart |