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2.55%

80.5¢ nickel industries limited

This companies share price does not make sense to me., page-3

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SnowballKelvin

276 Posts.

31

23/09/22

10:53

Post #: 63843194
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Originally posted by Happykiwi: ↑

The longer this share price remains as low as it is the more suspicious I am ? I do not understand it. I have read ever annoucement in the last 3 years, have been invested about the same length of time - 3 years. I have bought and sold and made a little.

It is currently something like 33% of my portfolio, I simply can not buy more. I have bought everytime it has fallen.

I see other views about comparisons to prior to the shorting incedent and comparisons to ther companies, but the ONLY negetive I can find is dillution of shares. There is zero factoring into the share price the scale, value add, energy efficiencies etc....

I am surprised a Glencore, BHP or a chinese or Brazilian company has not said we will take that over at that price.

I have the time I do not currently need the money from this investment but if they pay ( a well covered ) 6 cents or more dividend within 2 years this has got to be worth more than double.

If anyone has broker coverage of the stock I would love to read them.

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I have been here since 2020 when the share price was around $0.6. Don’t think there is anything wrong and I am confident about its future.

Broker report can be found on NIC’s website.

NIC Price at posting: 85.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 80.5¢		Change 0.020(2.55%)		Mkt cap ! $3.460B

Open	High	Low	Value	Volume
80.0¢	81.8¢	80.0¢	$4.597M	5.689M

Buyers (Bids)

No.	Vol.	Price($)
10	157057	80.5¢

Sellers (Offers)

Price($)	Vol.	No.
81.0¢	221563	5

View Market Depth

No.	Vol.	Price($)
15	371453	0.805
16	626221	0.800
6	98408	0.795
11	1146369	0.790
5	119062	0.785

Price($)	Vol.	No.
0.810	351330	9
0.815	484191	14
0.820	228177	13
0.825	219966	7
0.830	182537	5

Last trade - 16.10pm 26/07/2024 (20 minute delay)

NIC (ASX) Chart