My guess is that, on top of Indonesia, Twiggy Forrest has made competitive pricing even harder for NiWest.
MC seeks security of long-term supply plus low cost.
As a result of the combined adverse impacts from Indonesia and Twiggy, NiWest cannot meet these expectations.
What better arrangement for MC than owning presumably 25% of KNPL to offset high Ni prices with the great dividend income from KNPL?
No matter how high Ni prices might go, the dividend will offset part of it. For 40+ years.
My guess is that, on top of Indonesia, Twiggy Forrest has made...
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Last
63.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $126.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 10000 | 1 |
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| Last trade - 09.28am 21/05/2024 (20 minute delay) ? |
| ARL (ASX) Chart |
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