Hopefully we'll have more upward pressure. A few more days where the nickel price increases should help to break the shorts.
Lots of positive news on the horizon though:
- Boost of production
- Selling of stockpiled ore
- Expansion products
- Maybe a dividend announcement
- Nickel Matte technology implementation. (on the webcast it is in the timeline)
- Lowering of stockpiles of Nickel at ports
- Stainless Steel expansion globally (Infrastructure projects have been announced)
- Further billions invested in Indonesia creating demand for Stainless within the immediate Indonesia.
- Evolution of RKEF technology
Hopefully we'll have more upward pressure. A few more days where...
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Last
84.5¢ |
Change
0.010(1.20%) |
Mkt cap ! $3.621B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.8¢ | 84.0¢ | $2.137M | 2.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38797 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 2049 | 2 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| NIC (ASX) Chart |