Nickel just dipped below $20kt. If that is maintained a serious question around profitability/margins needs to be answered for the current and future quarters.
They'll need to suspend the div (however seem unwilling to do so despite CRs) and think about their debt profile once again. To refinance in this market and these conditions is going to be difficult which means another CR may be on the cards.
NIC needs to prioritise costs and reducing its exposure to NPI now.
NIC - General discussion, page-357
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Last
84.5¢ |
Change
0.010(1.20%) |
Mkt cap ! $3.621B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.8¢ | 84.0¢ | $2.137M | 2.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38797 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 2049 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| NIC (ASX) Chart |