Hope no profit taking thou. LME nickel had a nice bounce last night. Im in at .68c with a decent amount. When announcement of 9.5c distribution was announced, the sp was around these levels. I would think that this probably wont be factored in the price thou should now support the stock above .72c. Could not believe that it didnt rise a few cents after that announcement.
After looking through some broker reports, i feel comfortable holding for at least a medium term and am happy to ride a few bumps.
Its the 5yh time ive held this stock and looks to be rerated considering cash inventory and mine life.
Good stock to holh for nickel leverage. Perhaps cheapest too.
Good luck to holders, and better luck to the buyers at higher levels. HEHE
large volume day today, page-4
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Last
$1.99 |
Change
0.000(0.00%) |
Mkt cap ! $301.3M | |||
| Open | High | Low | Value | Volume |
| $1.99 | $1.99 | $1.98 | $912.8K | 460.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1750 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 110666 | 6 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| MRE (ASX) Chart |