Is all down to timing of investments.
Many funds are holding Nic shares but only one is selling, so is not exactly a sentiment driven trend. Company fundamental are the same as before even if TD will exit partnership with Nic (which they have denied) the company is operating in Indonesia not in China. The Indonesian Gov. is very keen to develop its own industries and is one of the largest producer of Ni.
Possibly the whole saga of TD Ni short squeeze and current situation, ultimately more having an effect on Ni prices, rather that something which would directly affect Nic operation or future expansion plans.
Is all down to timing of investments.Many funds are holding Nic...
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Last
91.0¢ |
Change
0.015(1.68%) |
Mkt cap ! $3.903B | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 92.0¢ | 89.3¢ | $5.583M | 6.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10410 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.5¢ | 87257 | 5 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |