The big risk at the moment, imo, is the debt repayments looming over the next 18 months. Margin expansion to US$4K/t and confirmation that the NPI export tax will be a mere 5% should see some of the 100m shorts put on since 1 July begin to unwind, sending the share price north of $1 again. All imo.
NIC - General discussion, page-153
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Last
77.5¢ |
Change
-0.015(1.90%) |
Mkt cap ! $3.321B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 78.5¢ | 76.3¢ | $4.229M | 5.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 106981 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 42029 | 3 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |