Sub $1 is a very realistic scenario given the hawkish central banks, skyrocketing bond/swap yields and the general sentiment on the equities market.
If you zoom out and look at the big picture though, there is a Tier-1 nickel resource that is one of the best greenfield resource globally, which is not yet mined and it could easily end up supplying nickel to Tesla from 2025 given Vale's recent supply agreement. I am happy with the declining SP as I can keep adding more on these levels.
CTM Chart 2022, page-122
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $173.6M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 33.5¢ | $4.43K | 13.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 2666 | 1 |
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| Last trade - 13.32pm 16/08/2024 (20 minute delay) ? |
| CTM (ASX) Chart |