Thing is, coal prices are very high (outpacing nickel). Coal is a key input for them. Therefore I believe their margins are shrinking despite higher nickel prices. Also I believe they get credit for iron prices, which are also down a bit from 21 highs.
valuation and fundamentals, page-2
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Last
90.5¢ |
Change
-0.010(1.09%) |
Mkt cap ! $3.925B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.5¢ | 90.3¢ | $905.0K | 991.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 219753 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 42547 | 9 |
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| Last trade - 11.51am 03/10/2024 (20 minute delay) ? |
| NIC (ASX) Chart |