Not really, I already understand why it’s occurring.
There’s currently a surplus of Indonesian nickel which has been forecast and expected throughout 23 and into 24 shifting to a deficit in 26.
Increased EV demand is driving towards that deficit, not to mention geopolitical policy esg etc.
Pertinent market/industry news/articles, page-5022
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Last
39.5¢ |
Change
-0.015(3.66%) |
Mkt cap ! $78.87M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 39.5¢ | $16.60K | 41.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 216868 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 50000 | 1 |
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| Last trade - 15.38pm 14/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |