NIC 0.59% 84.0¢ nickel industries limited

Ann: Results of Extraordinary General Meeting, page-5

  1. 13,089 Posts.
    lightbulb Created with Sketch. 2739
    They keep selling chunks at premium to add on assets- not to keep the lights on - yet it wallows way below placement prices

    if placement of 20 percent is 943 million
    100 percent equals significantly
    More

    perhaps many wanted a low price to scuttle the deal or didn’t believe it would go through

    plenty of serious cash now on hand for assst purchase - refinance - and one Ty more power coming online in the area to allow for increase in production as the machines whilst profitable are running at low capacity with low power delivery from power stations which are now upgraded

    one placement Just approved after six months of government at 1.02- and now a placement at 110— way above the current share price and market cap reflected in the deals


    Time will tell i guess
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
(20min delay)
Last
84.0¢
Change
-0.005(0.59%)
Mkt cap ! $3.600B
Open High Low Value Volume
87.0¢ 87.5¢ 83.5¢ $5.176M 6.091M

Buyers (Bids)

No. Vol. Price($)
2 18363 84.0¢
 

Sellers (Offers)

Price($) Vol. No.
84.5¢ 45354 2
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.