I can’t understand this one. Nickel price providing nice margin, management have hit their milestones to date, highly liquid, market cap large enough to accomodate insto’s taking positions.
why is NIC so low? Yes you need a discount factor for sole customer/China and sovereign risk of doing business in Indo but jeez surely not a 40% discount to intrinsic value?
Guess we just have to continue to accumulate until she rockets.
I look forward to their update on the other opportunities being explored for further growth.
SPOT NICKEL PRICE GOING UP, page-38
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Last
79.0¢ |
Change
-0.025(3.07%) |
Mkt cap ! $3.439B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.5¢ | 78.5¢ | $3.925M | 4.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 312121 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 140688 | 54 |
View Market Depth
| Last trade - 15.27pm 03/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |