It is true that cost inflation will be an increasing factor for all companies, especially those making a $ out of the margin.
However, price inflation of the product we are due to sell is also probable. The pricing power will be in the hands of the Ni producers over the next 5-10yrs to pass on any higher input costs.
To me it makes a world of sense to be holding the stock of companies that are going to supply something that is very likely to be in short supply and going up in price (a base metal commodity like Ni). Especially in a high wage inflation world.
Surprised you got out at this price too. But good luck, QPM obviously served you well.
J
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Mkt cap ! $75.63M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 2.9¢ | $167.7K | 5.603M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 3.1¢ |
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Price($) | Vol. | No. |
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3.2¢ | 234375 | 1 |
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No. | Vol. | Price($) |
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1 | 300000 | 0.031 |
2 | 2568872 | 0.030 |
4 | 323757 | 0.029 |
7 | 700663 | 0.028 |
4 | 848148 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 234375 | 1 |
0.033 | 207717 | 4 |
0.034 | 626949 | 8 |
0.035 | 889611 | 6 |
0.036 | 772606 | 7 |
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