The risk is low if Tsingshan is able to secure 150kt of nickel plate from Beijing and deliver to LME warehouse.
It will be much cheaper to close the short when price retrace to 25 - 30k.
IMVHO
Ann: Ceasing to be a substantial holder, page-49
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Last
77.5¢ |
Change
-0.005(0.64%) |
Mkt cap ! $3.321B | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 78.0¢ | 76.5¢ | $3.043M | 3.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 144473 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 103730 | 6 |
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| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| NIC (ASX) Chart |