The shorts not giving up yet and as of this week they are losing money as the majority of shorts between 1.02-1.05 AUD.......there is few million more done this week so real numbers is about 73mn shares. The good news continues and likely these analysts have to put out some real upgrades soon.....Q4 going to be good one, NPI prices continue to hold above LME Nickel prices, inventories at warehouse continue lower. Inflation abit of a worry but north of 1.20 AUD these shorts must be thinking about covering.......that is likely 45-50mn shares of covering to do.......unless we get a broader market sell off before year end in US/Europe, they have to COVER at some stage.......
The shorts not giving up yet and as of this week they are losing...
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Last
77.0¢ |
Change
0.010(1.32%) |
Mkt cap ! $3.300B | |||
| Open | High | Low | Value | Volume |
| 76.0¢ | 79.3¢ | 76.0¢ | $3.442M | 4.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55700 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 23919 | 2 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |